DAPP - SMART CONTRACTS - AML - SEGWIT (SEGREGATED WITNESS) -

megan.brown (48)in #blockchain • 6 years ago


DAPP	aml mechanisms can be legal or technical in nature. regulators frequently apply aml techniques to bitcoin exchanges. anti-money laundering techniques are used to stop people converting illegally obtained funds, to appear as though they have been earned legally. ^{Source + Source}
SMART CONTRACTS	specifically, it also removes transaction malleability, an issue that once resolved could lead to a number of network improvements. an optimization proposed by bitcoin core developer pieter wuille at the end of 2015, segwit increases the volume of transactions that fit into each block without raising the block size parameter. ^{Source + Source}
AML	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}
SEGWIT (SEGREGATED WITNESS)	smart contracts encode business rules ( that are enforced by the participants of the network) in a programmable language onto the blockchain.^{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}
SMART CONTRACTS	smart contracts encode business rules ( that are enforced by the participants of the network) in a programmable language onto the blockchain.^{Source + Source}
AML	aml mechanisms can be legal or technical in nature. regulators frequently apply aml techniques to bitcoin exchanges. anti-money laundering techniques are used to stop people converting illegally obtained funds, to appear as though they have been earned legally. ^{Source + Source}
SEGWIT (SEGREGATED WITNESS)	specifically, it also removes transaction malleability, an issue that once resolved could lead to a number of network improvements. an optimization proposed by bitcoin core developer pieter wuille at the end of 2015, segwit increases the volume of transactions that fit into each block without raising the block size parameter. ^{Source + Source}

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