DETERMINISTIC WALLET - EVM - BLOCK - EXCHANGE RATE -

in #bitcoin6 years ago


DETERMINISTIC WALLET
this seed is all that is needed to restore a wallet if it is lost and can allow the creation of public addresses without the knowledge of the private key. a wallet based on a system of deriving multiple keys from a single starting point known as a seed. Source + Source
EVM
they carry permanently recorded data on the blockchain network. blocks are packages of data. Source + Source
BLOCK
every ethereum node runs on the evm to maintain consensus across the blockchain. it is a turing complete virtual machine that allows anyone to execute arbitrary evm byte code. the ethereum virtual machine (evm). Source + Source
EXCHANGE RATE
the exchange rate is based on two things; how it compares to a traditional currency, or how it stacks up against another type of cryptocurrency. cryptocurrency does not have this issue as it is digital. however, this is normally, money issued by the government, such as the dollar, will have a fluid exchange rate based on the country it is spent in. Source + Source


DETERMINISTIC WALLET
this seed is all that is needed to restore a wallet if it is lost and can allow the creation of public addresses without the knowledge of the private key. a wallet based on a system of deriving multiple keys from a single starting point known as a seed. Source + Source
EVM
every ethereum node runs on the evm to maintain consensus across the blockchain. it is a turing complete virtual machine that allows anyone to execute arbitrary evm byte code. the ethereum virtual machine (evm). Source + Source
BLOCK
they carry permanently recorded data on the blockchain network. blocks are packages of data. Source + Source
EXCHANGE RATE
the exchange rate is based on two things; how it compares to a traditional currency, or how it stacks up against another type of cryptocurrency. cryptocurrency does not have this issue as it is digital. however, this is normally, money issued by the government, such as the dollar, will have a fluid exchange rate based on the country it is spent in. Source + Source

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