BLOCK TIMESTAMP - CONSORTIUM BLOCKCHAIN - BITCOIN PROTOCOL - EXCHANGE RATE -

megan.brown (48)in #blockchain • 7 years ago


BLOCK TIMESTAMP	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}}
CONSORTIUM BLOCKCHAIN	they help to make it more difficult for someone else to manipulate the blockchain. each block contains a timestamp in unix format. ^{^{Source + Source}}
BITCOIN PROTOCOL	e.g: a consortium of 15 financial institutions. a blockchain where the consensus process is controlled by a pre-selected set of nodes. ^{^{Source + Source}}
EXCHANGE RATE	protocol to set the “rules” for how the network runs. the open source, cryptographic protocol which operates on the bitcoin network.^{^{Source + Source}}


BLOCK TIMESTAMP	they help to make it more difficult for someone else to manipulate the blockchain. each block contains a timestamp in unix format. ^{^{Source + Source}}
CONSORTIUM BLOCKCHAIN	e.g: a consortium of 15 financial institutions. a blockchain where the consensus process is controlled by a pre-selected set of nodes. ^{^{Source + Source}}
BITCOIN PROTOCOL	protocol to set the “rules” for how the network runs. the open source, cryptographic protocol which operates on the bitcoin network.^{^{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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