ALTCOINS - EXCHANGE RATE - EXCHANGE - PUBLIC/PRIVATE KEY - SHA-256 - TURING COMPLETE - PAPER WALLET - HARD FORK - LITECOIN - TRANSACTION BLOCK -

matthew.davis (49)in #cryptocurrency • 7 years ago

ALTCOINS sometimes referred to as the silver of bitcoin’s gold. it's a peer-to-peer cryptocurrency based on the scrypt proof-of-work network.
EXCHANGE RATE a place used by sellers and buyers where they can trade bitcoins or other cryptocurrencies.
EXCHANGE all traces of the key are removed from the computer where it was generated. a form of cold storage where a private key for bitcoin address is printed on a piece of paper (with or without encryption).
PUBLIC/PRIVATE KEY another party can then receive the message and using a key that is only known to that individual or group, decode the message. in cryptography a public key is a cryptographic key that can be utilized by any party to encrypt a message.
SHA-256 a type of fork that requires all nodes and users to upgrade to the latest version of the protocol software and that renders previously invalid transactions valid, and vice versa.
TURING COMPLETE an example of this is the ethereum virtual machine (evm). the ability of a machine to perform calculations that any other programmable computer is capable of, is referred by turing complete refers to.
PAPER WALLET the exchange rate is based on two things; how it compares to a traditional currency, or how it stacks up against another type of cryptocurrency. cryptocurrency does not have this issue as it is digital. however, this is normally, money issued by the government, such as the dollar, will have a fluid exchange rate based on the country it is spent in.
HARD FORK these concern all coins that came after the initial release of the famous bitcoin, the first decentralized cryptocurrency. a name coined as the merger of the words bitcoin & alternative.
LITECOIN 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.
TRANSACTION BLOCK gathered into a block, it's a collection of transactions that can then be added and hashed to the blockchain.
Source + Source


ALTCOINS	sometimes referred to as the silver of bitcoin’s gold. it's a peer-to-peer cryptocurrency based on the scrypt proof-of-work network.
EXCHANGE RATE	a place used by sellers and buyers where they can trade bitcoins or other cryptocurrencies.
EXCHANGE	all traces of the key are removed from the computer where it was generated. a form of cold storage where a private key for bitcoin address is printed on a piece of paper (with or without encryption).
PUBLIC/PRIVATE KEY	another party can then receive the message and using a key that is only known to that individual or group, decode the message. in cryptography a public key is a cryptographic key that can be utilized by any party to encrypt a message.
SHA-256	a type of fork that requires all nodes and users to upgrade to the latest version of the protocol software and that renders previously invalid transactions valid, and vice versa.
TURING COMPLETE	an example of this is the ethereum virtual machine (evm). the ability of a machine to perform calculations that any other programmable computer is capable of, is referred by turing complete refers to.
PAPER WALLET	the exchange rate is based on two things; how it compares to a traditional currency, or how it stacks up against another type of cryptocurrency. cryptocurrency does not have this issue as it is digital. however, this is normally, money issued by the government, such as the dollar, will have a fluid exchange rate based on the country it is spent in.
HARD FORK	these concern all coins that came after the initial release of the famous bitcoin, the first decentralized cryptocurrency. a name coined as the merger of the words bitcoin & alternative.
LITECOIN	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.
TRANSACTION BLOCK	gathered into a block, it's a collection of transactions that can then be added and hashed to the blockchain.

ALTCOINS these concern all coins that came after the initial release of the famous bitcoin, the first decentralized cryptocurrency. a name coined as the merger of the words bitcoin & alternative.
EXCHANGE RATE the exchange rate is based on two things; how it compares to a traditional currency, or how it stacks up against another type of cryptocurrency. cryptocurrency does not have this issue as it is digital. however, this is normally, money issued by the government, such as the dollar, will have a fluid exchange rate based on the country it is spent in.
EXCHANGE a place used by sellers and buyers where they can trade bitcoins or other cryptocurrencies.
PUBLIC/PRIVATE KEY another party can then receive the message and using a key that is only known to that individual or group, decode the message. in cryptography a public key is a cryptographic key that can be utilized by any party to encrypt a message.
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.
TURING COMPLETE an example of this is the ethereum virtual machine (evm). the ability of a machine to perform calculations that any other programmable computer is capable of, is referred by turing complete refers to.
PAPER WALLET all traces of the key are removed from the computer where it was generated. a form of cold storage where a private key for bitcoin address is printed on a piece of paper (with or without encryption).
HARD FORK a type of fork that requires all nodes and users to upgrade to the latest version of the protocol software and that renders previously invalid transactions valid, and vice versa.
LITECOIN sometimes referred to as the silver of bitcoin’s gold. it's a peer-to-peer cryptocurrency based on the scrypt proof-of-work network.
TRANSACTION BLOCK gathered into a block, it's a collection of transactions that can then be added and hashed to the blockchain.
Source + Source


ALTCOINS	these concern all coins that came after the initial release of the famous bitcoin, the first decentralized cryptocurrency. a name coined as the merger of the words bitcoin & alternative.
EXCHANGE RATE	the exchange rate is based on two things; how it compares to a traditional currency, or how it stacks up against another type of cryptocurrency. cryptocurrency does not have this issue as it is digital. however, this is normally, money issued by the government, such as the dollar, will have a fluid exchange rate based on the country it is spent in.
EXCHANGE	a place used by sellers and buyers where they can trade bitcoins or other cryptocurrencies.
PUBLIC/PRIVATE KEY	another party can then receive the message and using a key that is only known to that individual or group, decode the message. in cryptography a public key is a cryptographic key that can be utilized by any party to encrypt a message.
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.
TURING COMPLETE	an example of this is the ethereum virtual machine (evm). the ability of a machine to perform calculations that any other programmable computer is capable of, is referred by turing complete refers to.
PAPER WALLET	all traces of the key are removed from the computer where it was generated. a form of cold storage where a private key for bitcoin address is printed on a piece of paper (with or without encryption).
HARD FORK	a type of fork that requires all nodes and users to upgrade to the latest version of the protocol software and that renders previously invalid transactions valid, and vice versa.
LITECOIN	sometimes referred to as the silver of bitcoin’s gold. it's a peer-to-peer cryptocurrency based on the scrypt proof-of-work network.
TRANSACTION BLOCK	gathered into a block, it's a collection of transactions that can then be added and hashed to the blockchain.

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7 years ago in #cryptocurrency by matthew.davis (49)

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ALTCOINS - EXCHANGE RATE - EXCHANGE - PUBLIC/PRIVATE KEY - SHA-256 - TURING COMPLETE - PAPER WALLET - HARD FORK - LITECOIN - TRANSACTION BLOCK -

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