DAPP - GENESIS BLOCK - HARDWARE WALLET - DOUBLE SPENDING -

matthew.davis (49)in #blockchain • 6 years ago


DAPP	an application that operates autonomously, has its data stored on a blockchain, incentivized in the form of cryptographic tokens and operates on a protocol that shows proof of value. is a decentralised application that is open source. ^{Source + Source}
GENESIS BLOCK	refers to the 1st or first few blocks of a blockchain.^{Source + Source}
HARDWARE WALLET	this causes coins spent that are already spent somewhere else, making one of the receivers end up with nothing. a common flaw in some cryptocurrency blockchains where the system of rules is not in motion properly, allowing malicious users to try and spend their unique codes in multiple places. ^{Source + Source}
DOUBLE SPENDING	a bitcoin wallet used in order to stores a user’s bitcoins offline on hardware devices.^{Source + Source}


DAPP	an application that operates autonomously, has its data stored on a blockchain, incentivized in the form of cryptographic tokens and operates on a protocol that shows proof of value. is a decentralised application that is open source. ^{Source + Source}
GENESIS BLOCK	refers to the 1st or first few blocks of a blockchain.^{Source + Source}
HARDWARE WALLET	a bitcoin wallet used in order to stores a user’s bitcoins offline on hardware devices.^{Source + Source}
DOUBLE SPENDING	this causes coins spent that are already spent somewhere else, making one of the receivers end up with nothing. a common flaw in some cryptocurrency blockchains where the system of rules is not in motion properly, allowing malicious users to try and spend their unique codes in multiple places. ^{Source + Source}

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