RIPPLE - MULTI-SIGNATURE - BITCOIN PROTOCOL - FIAT CURRENCY - HOT WALLET - ADDRESS - PUBLIC/PRIVATE KEY - MULTI SIGNATURE TRANSACTION - SPV - MARGIN CALL -

in #blockchain7 years ago


RIPPLE the act of calling in a margin requirement. an exchange will issue a margin call when it feels that a trader does not have sufficient funds to cover a leveraged trading position.
MULTI-SIGNATURE is any money declared by a government to be to be valid for meeting a financial obligation, like usd, eur or cny
BITCOIN PROTOCOL the open source, cryptographic protocol which operates on the bitcoin network, setting the “rules” for how the network runs.
FIAT CURRENCY acronym for “simplified payment verification”, this allows mobile clients to make payments without needing a copy of the entire blockchain
HOT WALLET a bitcoin wallet that has an active connection to the internet. these are used for “everyday” transactions and should never hold large amounts of bitcoin, since their connectivity reduces their security.
ADDRESS cryptocurrency addresses are used to send or receive transactions on the network. an address usually presents itself as a string of alphanumeric characters.
PUBLIC/PRIVATE KEY multi-signature addresses provide an added layer of security by requiring more than one key to authorize a transaction.
MULTI SIGNATURE TRANSACTION is a payment network built on distributed ledgers that can be used to transfer any currency. the network consists of payment nodes and gateways operated by authorities. payments are made using a series of ious, and the network is based on trust relationships.
SPV in cryptography a public key is a cryptographic key that can be utilized by any party to encrypt a message. another party can then receive the message and using a key that is only known to that individual or group, decode the message.
MARGIN CALL a bitcoin transaction which requires signatures from multiple parties to authorize the sending of bitcoins. this has the potential to improve consumer protection.


RIPPLE is a payment network built on distributed ledgers that can be used to transfer any currency. the network consists of payment nodes and gateways operated by authorities. payments are made using a series of ious, and the network is based on trust relationships.
MULTI-SIGNATURE multi-signature addresses provide an added layer of security by requiring more than one key to authorize a transaction.
BITCOIN PROTOCOL the open source, cryptographic protocol which operates on the bitcoin network, setting the “rules” for how the network runs.
FIAT CURRENCY is any money declared by a government to be to be valid for meeting a financial obligation, like usd, eur or cny
HOT WALLET a bitcoin wallet that has an active connection to the internet. these are used for “everyday” transactions and should never hold large amounts of bitcoin, since their connectivity reduces their security.
ADDRESS cryptocurrency addresses are used to send or receive transactions on the network. an address usually presents itself as a string of alphanumeric characters.
PUBLIC/PRIVATE KEY in cryptography a public key is a cryptographic key that can be utilized by any party to encrypt a message. another party can then receive the message and using a key that is only known to that individual or group, decode the message.
MULTI SIGNATURE TRANSACTION a bitcoin transaction which requires signatures from multiple parties to authorize the sending of bitcoins. this has the potential to improve consumer protection.
SPV acronym for “simplified payment verification”, this allows mobile clients to make payments without needing a copy of the entire blockchain
MARGIN CALL the act of calling in a margin requirement. an exchange will issue a margin call when it feels that a trader does not have sufficient funds to cover a leveraged trading position.

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