HYBRID POS/POW - SHA-256 - FIAT CURRENCY - BLOCK HEIGHT -

rstracer (48)in #blockchain • 7 years ago


HYBRID POS/POW	a number that represents how many blocks are connected on the blockchain.^{Source + Source}
SHA-256	like usd, eur or cny, is any money declared by a government to be to be valid for meeting a financial obligation.^{Source + Source}
FIAT CURRENCY	it uses a lot of computing power and processing time, forcing miners to form mining pools to capture gains. sha-256 is a cryptographic algorithm used by cryptocurrencies such as bitcoin. ^{Source + Source}
BLOCK HEIGHT	in this method, a balance between miners and voters (holders) may be achieved, creating a system of community-based governance by both insiders (holders) and outsiders (miners). a hybrid pos/pow allows for both proof of stake and proof of work as consensus distribution algorithms on the network. ^{Source + Source}


HYBRID POS/POW	in this method, a balance between miners and voters (holders) may be achieved, creating a system of community-based governance by both insiders (holders) and outsiders (miners). a hybrid pos/pow allows for both proof of stake and proof of work as consensus distribution algorithms on the network. ^{Source + Source}
SHA-256	it uses a lot of computing power and processing time, forcing miners to form mining pools to capture gains. sha-256 is a cryptographic algorithm used by cryptocurrencies such as bitcoin. ^{Source + Source}
FIAT CURRENCY	like usd, eur or cny, is any money declared by a government to be to be valid for meeting a financial obligation.^{Source + Source}
BLOCK HEIGHT	a number that represents how many blocks are connected on the blockchain.^{Source + Source}

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