KYC - DETERMINISTIC WALLET - IRREVERSIBLE - ORACLES -

realskilled (47)in #blockchain • 6 years ago


KYC	this seed is all that is needed to restore a wallet if it is lost and can allow the creation of public addresses without the knowledge of the private key. a wallet based on a system of deriving multiple keys from a single starting point known as a seed. ^{Source + Source}
DETERMINISTIC WALLET	know your client/customer rules force financial institutions, in order ensuring that they are legitimate, to vet the people they are doing business with.^{Source + Source}
IRREVERSIBLE	oracles work (by providing data to the smart contracts) as a bridge between the real world and the blockchain.^{Source + Source}
ORACLES	there is no safety net for that situation. after confirmation, a transaction is unable to be reversed by nobody. ^{Source + Source}


KYC	know your client/customer rules force financial institutions, in order ensuring that they are legitimate, to vet the people they are doing business with.^{Source + Source}
DETERMINISTIC WALLET	this seed is all that is needed to restore a wallet if it is lost and can allow the creation of public addresses without the knowledge of the private key. a wallet based on a system of deriving multiple keys from a single starting point known as a seed. ^{Source + Source}
IRREVERSIBLE	there is no safety net for that situation. after confirmation, a transaction is unable to be reversed by nobody. ^{Source + Source}
ORACLES	oracles work (by providing data to the smart contracts) as a bridge between the real world and the blockchain.^{Source + Source}

Cryptocurrency News - Top Stories !

Billionaire Steven Cohen Invests in Crypto Hedge Fund - Bloomberg - Bloomberg

Bloomberg: Billionaire Steven Cohen has invested in a hedge fund focusing on cryptocurrencies and blockchain-based companies, according to a person familiar with the ...and more ...

Lawmakers to Discuss If Crypto Is 'The Future of Money' Next Week ... - CoinDesk

CoinDesk: Cryptocurrencies will take center stage once again on Capitol Hill next week. The U.S. House of Representatives Financial Services Committee announced ...and more ...

Malta: Crypto Exchange Binance Backs Plans to Create First Decentralized, Tokenized Bank - Cointelegraph

Cointelegraph: The ... second largest crypto exchange, Binance, is backing plans to create a blockchain-based bank with tokenized ownership, Bloomberg reports today, July 12. The future “Founders Bank” would be owned by digital token investors and be based in ...

Crypto Markets Continue to Descend as Governments Globally Clarify Regulations - Cointelegraph

Cointelegraph: An in-depth analysis published today on Cointelegraph weighed in on the controversies surrounding the impact of crypto futures trading on the markets, which some have argued play directly into the hands of bears by allowing major institutional players ...

Good Crypto, Bad Crypto: Blockchain Projects Gaining Legitimacy While Spawning An Underground - Forbes

Forbes: The cryptocurrency ecosystem is diverging into an increasingly transparent, well-regulated space and an unregulated crypto underground likely to be exploited for illicit activity and the dark web. Recently, I spoke on a panel that included the chief ...

South Korean Regulators to Introduce New Rules for Crypto and Blockchain - Cointelegraph

Cointelegraph: South Korean legislators have revealed drafts of bills intended to develop rules on cryptocurrencies, initial coin offerings (ICOs) and blockchain technology, The Korea Times reported July 11. Lawmakers will reportedly introduce the drafts at an ...

Report: Korean Political Parties to Propose New Crypto Laws - CoinDesk

CoinDesk: Song Hee-kyung, another assembly member from the LPK, will co-host a debate on security for domestic crypto exchanges with the Korea Internet and Security Agency (KISA), a government organization that supervises internet and cybersecurity issues, on ...

Latest posts from our Team !

^{^{^{[ Note for @steemcleaners / @cheetah ] The agreement of our Team: The following authors decided to create a Team in order to collaborate and share formats, content, and profits. Any copy of content between this Team does not constitute a plagiarism: @realskilled @megan.brown @rspower @matthew.davis @rstracer @ali.wood @rssniper}}}