MINING POOL - DOUBLE SPENDING - QR CODE - MASF -

in #blockchain • 6 years ago


MINING POOL
qr codes are similar to barcodes found on physical products in that they are a machine-friendly way to embody a piece of data. a digital representation of a bitcoin public or private key that is easy to scan by digital cameras. 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
QR CODE
a way to allows the rewards to be distributed more consistently between participants in the pool. a group of miners who have decided to combine their computing power for mining. 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


MINING POOL
a way to allows the rewards to be distributed more consistently between participants in the pool. a group of miners who have decided to combine their computing power for mining. 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
QR CODE
qr codes are similar to barcodes found on physical products in that they are a machine-friendly way to embody a piece of data. a digital representation of a bitcoin public or private key that is easy to scan by digital cameras. 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

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