TRANSACTION BLOCK - HARDWARE WALLET - SATOSHI - HYBRID POS/POW -

rstracer (48)in #bitcoin • 6 years ago


TRANSACTION BLOCK	a bitcoin wallet used in order to stores a user’s bitcoins offline on hardware devices.^{Source + Source}
HARDWARE WALLET	in this method, a balance between miners and voters (holders) may be achieved, creating a system of community-based governance by both insiders (holders) and outsiders (miners). a hybrid pos/pow allows for both proof of stake and proof of work as consensus distribution algorithms on the network. ^{Source + Source}
SATOSHI	there are 100 million satoshis in a single bitcoin. the smallest unit of bitcoin possible. ^{Source + Source}
HYBRID POS/POW	gathered into a block, it's a collection of transactions that can then be added and hashed to the blockchain.^{Source + Source}


TRANSACTION BLOCK	gathered into a block, it's a collection of transactions that can then be added and hashed to the blockchain.^{Source + Source}
HARDWARE WALLET	a bitcoin wallet used in order to stores a user’s bitcoins offline on hardware devices.^{Source + Source}
SATOSHI	there are 100 million satoshis in a single bitcoin. the smallest unit of bitcoin possible. ^{Source + Source}
HYBRID POS/POW	in this method, a balance between miners and voters (holders) may be achieved, creating a system of community-based governance by both insiders (holders) and outsiders (miners). a hybrid pos/pow allows for both proof of stake and proof of work as consensus distribution algorithms on the network. ^{Source + Source}

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