MULTI SIGNATURE TRANSACTION - GENESIS BLOCK - ASYMMETRIC KEY ALGORITHM - SMART CONTRACTS -

realskilled (47)in #blockchain • 7 years ago


MULTI SIGNATURE TRANSACTION	smart contracts encode business rules ( that are enforced by the participants of the network) in a programmable language onto the blockchain.^{^{Source + Source}}
GENESIS BLOCK	public and private keys are needed to support cryptocurrency transactions. both sender and receiver have this key, and can send secure information. the algorithm used to generate public and private keys. ^{^{Source + Source}}
ASYMMETRIC KEY ALGORITHM	this has the potential to improve consumer protection. a bitcoin transaction which requires signatures from multiple parties to authorize the sending of bitcoins. ^{^{Source + Source}}
SMART CONTRACTS	refers to the 1st or first few blocks of a blockchain.^{^{Source + Source}}


MULTI SIGNATURE TRANSACTION	this has the potential to improve consumer protection. a bitcoin transaction which requires signatures from multiple parties to authorize the sending of bitcoins. ^{^{Source + Source}}
GENESIS BLOCK	refers to the 1st or first few blocks of a blockchain.^{^{Source + Source}}
ASYMMETRIC KEY ALGORITHM	public and private keys are needed to support cryptocurrency transactions. both sender and receiver have this key, and can send secure information. the algorithm used to generate public and private keys. ^{^{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}}

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