MINING ALGORITHM - SMART CONTRACTS - BLOCK EXPLORER - BLOCK TIMESTAMP -

in #blockchain6 years ago


MINING ALGORITHM
they provide useful information such as network hash rate and transaction growth. block explorer is an online tool to view all transactions, past and current, on the blockchain. 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
BLOCK EXPLORER
they help to make it more difficult for someone else to manipulate the blockchain. each block contains a timestamp in unix format. Source + Source
BLOCK TIMESTAMP
bitcoin’s mining algorithm is sha256, whilst litecoin & dogecoin’s are scrypt. the algorithm used by a cryptocurrency to sign transactions, these vary across different cryptocurrencies. Source + Source


MINING ALGORITHM
bitcoin’s mining algorithm is sha256, whilst litecoin & dogecoin’s are scrypt. the algorithm used by a cryptocurrency to sign transactions, these vary across different cryptocurrencies. 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
BLOCK EXPLORER
they provide useful information such as network hash rate and transaction growth. block explorer is an online tool to view all transactions, past and current, on the blockchain. 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

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