BITCOIN NETWORK - SEGWIT2X - DOUBLE SPENDING - DIGITAL SIGNATURE -

rspower (48)in #blockchain • 6 years ago


BITCOIN NETWORK	it consists of two sequential phases — to activate segwit using bip 91 (making it compatible with the uasf) and then to hard fork the base block size to 2 mb ninety days later. is proposed as a way to end bitcoin’s ‘scaling debate’ and was said to be a compromise between the two sides of the debate — those who want to achieve scaling through segregated witness (segwit) and those who prefer to scale by increasing the block size. also knows as the 'the new york agreement'. ^{Source + Source}
SEGWIT2X	is generated by public key encryption that is attached to an electronically transmitted document to verify its contents and the sender’s identity. is a digital code. ^{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}
DIGITAL SIGNATURE	this is what processes all bitcoin transactions. the decentralized, peer-to- peer network which maintains the blockchain. ^{Source + Source}


BITCOIN NETWORK	this is what processes all bitcoin transactions. the decentralized, peer-to- peer network which maintains the blockchain. ^{Source + Source}
SEGWIT2X	it consists of two sequential phases — to activate segwit using bip 91 (making it compatible with the uasf) and then to hard fork the base block size to 2 mb ninety days later. is proposed as a way to end bitcoin’s ‘scaling debate’ and was said to be a compromise between the two sides of the debate — those who want to achieve scaling through segregated witness (segwit) and those who prefer to scale by increasing the block size. also knows as the 'the new york agreement'. ^{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}
DIGITAL SIGNATURE	is generated by public key encryption that is attached to an electronically transmitted document to verify its contents and the sender’s identity. is a digital code. ^{Source + Source}

Cryptocurrency News - Top Stories !

Germany's 2nd Largest Stock Exchange To Launch Zero-Fee Crypto ... - Cointelegraph

Cointelegraph: ... second largest stock exchange, the Stuttgart Börse, which reportedly has a trading volume of $100 bln, has announced it is launching a zero-fee ...and more ...

Coinbase's first investment, Compound, earns you interest on crypto ... - TechCrunch

TechCrunch: Compound wants to let you borrow cryptocurrency, or lend it and earn an interest rate. Most cryptocurrency is shoved in a wallet or metaphorically hidden under ...and more ...

Bitcoin may fall below $8,000 as crypto confab fails to stoke buying ... - MarketWatch

MarketWatch: Bitcoin begins Thursday trade virtually unchanged amid a subdued stint of trading over the past 24 hours, with investors contending with an unexpected lull ...and more ...

New cryptocurrency investing project being led by a Lightspeed ... - Recode

Recode: The venture capital firm behind Snap has been exploring three different options as part of an effort to drastically scale up the ... activity in the space.and more ...

Crypto Wealth Sinks $52 Billion in One Week - Bloomberg

Bloomberg: This ... slump is far from extreme by crypto standards, but the ... resistance to Blockchain ... ballyhoo highlights one of the arguments often cited by virtual currency pessimists: that most potential buyers have already piled in after last ...

NY Grants Fifth-Ever BitLicense to Genesis Global Trading - CoinDesk - Coindesk

Coindesk: Genesis Global Trading has obtained a BitLicense from the state Department of Financial Services (DFS), making it only the fifth firm in three years to receive the ...

It's Not Bitcoin Trading — But JP Morgan Is Heading Deeper Into Crypto - Fortune

Fortune: As Wall Street giants circle Bitcoin and the Blockchain, the largest of the bunch by assets, J.P. Morgan, is sinking its toes in a little deeper. J.P. Morgan created a new position dubbed Head of Crypto-Assets Strategy, naming Oliver Harris, previously ...

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: @rspower @megan.brown @matthew.davis @ali.wood @rssniper @realskilled @rstracer}}}