BITCOIN NETWORK - WIRE TRANSFER - BLOCK TIMESTAMP - LIGHT NODE -

in #cryptocurrency6 years ago


BITCOIN NETWORK
this is what processes all bitcoin transactions. the decentralized, peer-to- peer network which maintains the blockchain. Source + Source
WIRE TRANSFER
a computer on a blockchain network that (making use of the simplified payment verification (spv) mode), only verifies a limited number of transactions relevant to its dealings. Source + Source
BLOCK TIMESTAMP
they help to make it more difficult for someone else to manipulate the blockchain. each block contains a timestamp in unix format. Source + Source
LIGHT NODE
commonly used to send and retrieve fiat currency from bitcoin exchanges. electronically transferring money from one person to another. Source + Source


BITCOIN NETWORK
this is what processes all bitcoin transactions. the decentralized, peer-to- peer network which maintains the blockchain. Source + Source
WIRE TRANSFER
commonly used to send and retrieve fiat currency from bitcoin exchanges. electronically transferring money from one person to another. Source + Source
BLOCK TIMESTAMP
they help to make it more difficult for someone else to manipulate the blockchain. each block contains a timestamp in unix format. Source + Source
LIGHT NODE
a computer on a blockchain network that (making use of the simplified payment verification (spv) mode), only verifies a limited number of transactions relevant to its dealings. Source + Source

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