MASF - WALLET - CONFIRMATION - BLOCKCHAIN -

in #blockchain6 years ago


MASF
the blockchain serves as a historical record of all transactions that ever occurred, from the genesis block to the latest block, hence the name blockchain. a blockchain is a shared ledger where transactions are permanently recorded by appending blocks. Source + Source
WALLET
miner activated soft fork. allows for a faster activation time for the soft fork, leaving full nodes to upgrade at their leisure. it’s a mechanism by which miners trigger activation of soft forks when a majority signals the readiness to upgrade. Source + Source
CONFIRMATION
it usually contains a software client which allows access to view and create transactions on a specific blockchain that the wallet is designed for. a file that houses private keys. Source + Source
BLOCKCHAIN
this is a successful act of where the transaction has hashed and added to the blockchain.Source + Source


MASF
miner activated soft fork. allows for a faster activation time for the soft fork, leaving full nodes to upgrade at their leisure. it’s a mechanism by which miners trigger activation of soft forks when a majority signals the readiness to upgrade. Source + Source
WALLET
it usually contains a software client which allows access to view and create transactions on a specific blockchain that the wallet is designed for. a file that houses private keys. Source + Source
CONFIRMATION
this is a successful act of where the transaction has hashed and added to the blockchain.Source + Source
BLOCKCHAIN
the blockchain serves as a historical record of all transactions that ever occurred, from the genesis block to the latest block, hence the name blockchain. a blockchain is a shared ledger where transactions are permanently recorded by appending blocks. Source + Source

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