ETHEREUM - DISTRIBUTED LEDGER - CENTRAL LEDGER - PROOF- OF- STAKE (POS) -

in #blockchain6 years ago


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. Source + Source
DISTRIBUTED LEDGER
a ledger that is maintained by a central agency.Source + Source
CENTRAL LEDGER
a distributed ledger does not have to have its own currency. may be permissioned and private. distributed ledgers are ledgers in which data is stored across a network of decentralized nodes. Source + Source
PROOF- OF- STAKE (POS)
the more bitcoin or altcoin owned by a miner, the more mining power he or she has. concept states that a person can mine or validate block transactions according to how many coins he or she holds. Source + Source


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. Source + Source
DISTRIBUTED LEDGER
a distributed ledger does not have to have its own currency. may be permissioned and private. distributed ledgers are ledgers in which data is stored across a network of decentralized nodes. Source + Source
CENTRAL LEDGER
a ledger that is maintained by a central agency.Source + Source
PROOF- OF- STAKE (POS)
the more bitcoin or altcoin owned by a miner, the more mining power he or she has. concept states that a person can mine or validate block transactions according to how many coins he or she holds. Source + Source

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