CRYPTOGRAPHIC HASH FUNCTION - INITIAL COIN OFFERING (ICO) - BIP148 - BITCOIN - MINING POOL - BLOCK EXPLORER - MIXING SERVICE - ETHEREUM - BLOCK REWARD - CENTRAL LEDGER -

in #blockchain6 years ago


CRYPTOGRAPHIC HASH FUNCTION happens when someone offers (in exchange against cryptocurrencies like bitcoin or ethereum) investors some units of a new cryptocurrency or crypto-token.
INITIAL COIN OFFERING (ICO) a ledger that is maintained by a central agency.
BIP148 it was designed to cause the existing segwit masf deployment to cause activation in all existing segwit capable node software. currently is 80% of the network nodes. bip148 is a user activated soft fork - uasf.
BITCOIN bitcoin is the first decentralised, open source cryptocurrency that runs on a global peer to peer network, without the need for middlemen and a centralised issuer. strictly, bitcoin with a capital “b” refers to the protocol & the network, whilst bitcoin with a lowercase “b” is the currency. bitcoin can refer to the protocol, network or the unit of currency.
MINING POOL a way to allows the rewards to be distributed more consistently between participants in the pool. a group of miners who have decided to combine their computing power for mining.
BLOCK EXPLORER it has the potential to be used for money laundering. a mixing service (also known as a tumbler) preserves your privacy because it stops people tracing a particular bitcoin to you. a service that mixes your bitcoins with someone else’s, sending you back bitcoins with different inputs and outputs from the ones that you sent to it.
MIXING SERVICE verification of transactions on the blockchain generates new coins in the process, and the miner is rewarded by a portion of those. a form of incentive for the miner who successfully calculated the hash in a block during mining.
ETHEREUM 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.
BLOCK REWARD is aimed at solving issues associated with censorship, fraud and third-party interference. ethereum is a blockchain-based decentralised platform for apps that run smart contracts.
CENTRAL LEDGER the sha-256 computational algorithm is an example of a cryptographic hash. cryptographic hashes produce a fixed-size and unique hash value from variable-size transaction input.
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CRYPTOGRAPHIC HASH FUNCTION the sha-256 computational algorithm is an example of a cryptographic hash. cryptographic hashes produce a fixed-size and unique hash value from variable-size transaction input.
INITIAL COIN OFFERING (ICO) happens when someone offers (in exchange against cryptocurrencies like bitcoin or ethereum) investors some units of a new cryptocurrency or crypto-token.
BIP148 it was designed to cause the existing segwit masf deployment to cause activation in all existing segwit capable node software. currently is 80% of the network nodes. bip148 is a user activated soft fork - uasf.
BITCOIN bitcoin is the first decentralised, open source cryptocurrency that runs on a global peer to peer network, without the need for middlemen and a centralised issuer. strictly, bitcoin with a capital “b” refers to the protocol & the network, whilst bitcoin with a lowercase “b” is the currency. bitcoin can refer to the protocol, network or the unit of currency.
MINING POOL a way to allows the rewards to be distributed more consistently between participants in the pool. a group of miners who have decided to combine their computing power for mining.
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.
MIXING SERVICE it has the potential to be used for money laundering. a mixing service (also known as a tumbler) preserves your privacy because it stops people tracing a particular bitcoin to you. a service that mixes your bitcoins with someone else’s, sending you back bitcoins with different inputs and outputs from the ones that you sent to it.
ETHEREUM is aimed at solving issues associated with censorship, fraud and third-party interference. ethereum is a blockchain-based decentralised platform for apps that run smart contracts.
BLOCK REWARD verification of transactions on the blockchain generates new coins in the process, and the miner is rewarded by a portion of those. a form of incentive for the miner who successfully calculated the hash in a block during mining.
CENTRAL LEDGER a ledger that is maintained by a central agency.
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