DISTRIBUTED NETWORK - TRANSACTION FEE - PEER-TO-PEER NETWORK (P2P) - CRYPTOGRAPHIC HASH FUNCTION -

in #blockchain6 years ago


DISTRIBUTED NETWORK
these networks can become massive, allowing for things like file-sharing or cryptocurrency. any computer network where two or more computers are connected and share resources without going through a separate server. Source + Source
TRANSACTION FEE
rather than having a centralised data centre, a type of network where processing power and data are spread over the nodes.Source + Source
PEER-TO-PEER NETWORK (P2P)
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. Source + Source
CRYPTOGRAPHIC HASH FUNCTION
the transaction fees add up to account for the block reward that a miner receives when he successfully processes a block. all cryptocurrency transactions involve a small transaction fee. Source + Source


DISTRIBUTED NETWORK
rather than having a centralised data centre, a type of network where processing power and data are spread over the nodes.Source + Source
TRANSACTION FEE
the transaction fees add up to account for the block reward that a miner receives when he successfully processes a block. all cryptocurrency transactions involve a small transaction fee. Source + Source
PEER-TO-PEER NETWORK (P2P)
these networks can become massive, allowing for things like file-sharing or cryptocurrency. any computer network where two or more computers are connected and share resources without going through a separate server. Source + Source
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. Source + Source

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