ADDRESS - DISTRIBUTED DENIAL OF SERVICE (DDOS) - FORK - IRREVERSIBLE - CROWDSOURCING - PAPER WALLET - MINER - ETHER - HARD FORK - SOLIDITY -


ADDRESS its syntax is similar to that of javascript, and it is intended to compile into bytecode for the ethereum virtual machine(evm). solidity is ethereum’s programming language for developing smart contracts.
DISTRIBUTED DENIAL OF SERVICE (DDOS) a cryptocurrency needs some kind of mechanism to prevent one ruling party from abusing it. a miner has the right to add a so-called coinbase transaction that gives him a specific number of bitcoins. a miner can build a block and add it to the blockchain.
FORK 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).
IRREVERSIBLE it can also be used to describe a separate cryptocurrency which has been split from the main blockchain, such as namecoin being a “fork” of bitcoin. a split in the blockchain where there are temporarily two different blockchains which miners can work on. (this change is called a “hard fork”.) these can occur if software updates to a bitcoin client are incompatible or if developers decide that changes must be made to the programming of a coin. forks create an alternate version of the blockchain, leaving two blockchains to run simultaneously on different parts of the network.
CROWDSOURCING 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.
PAPER WALLET often this comes with a severe attack on the network, creating an army of ‘zombie’ computers who simultaneously flood a targeted website or network with requests. can cause a sustained downtime on said network or even make them crash completely. a very dangerous threat for cryptocurrency users.
MINER there is no safety net for that situation. after confirmation, a transaction is unable to be reversed by nobody.
ETHER this is usually done online via websites where people can donate. the pooling of resources such as information or money contributed by the general population, to a goal.
HARD FORK ethereum blockchain is used to pay for transaction fees, miner rewards and other services on the network and this is the native token of the ethereum blockchain.
SOLIDITY an address usually presents itself as a string of alphanumeric characters. cryptocurrency addresses are used to send or receive transactions on the network.
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ADDRESS an address usually presents itself as a string of alphanumeric characters. cryptocurrency addresses are used to send or receive transactions on the network.
DISTRIBUTED DENIAL OF SERVICE (DDOS) often this comes with a severe attack on the network, creating an army of ‘zombie’ computers who simultaneously flood a targeted website or network with requests. can cause a sustained downtime on said network or even make them crash completely. a very dangerous threat for cryptocurrency users.
FORK it can also be used to describe a separate cryptocurrency which has been split from the main blockchain, such as namecoin being a “fork” of bitcoin. a split in the blockchain where there are temporarily two different blockchains which miners can work on. (this change is called a “hard fork”.) these can occur if software updates to a bitcoin client are incompatible or if developers decide that changes must be made to the programming of a coin. forks create an alternate version of the blockchain, leaving two blockchains to run simultaneously on different parts of the network.
IRREVERSIBLE there is no safety net for that situation. after confirmation, a transaction is unable to be reversed by nobody.
CROWDSOURCING this is usually done online via websites where people can donate. the pooling of resources such as information or money contributed by the general population, to a goal.
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).
MINER a cryptocurrency needs some kind of mechanism to prevent one ruling party from abusing it. a miner has the right to add a so-called coinbase transaction that gives him a specific number of bitcoins. a miner can build a block and add it to the blockchain.
ETHER ethereum blockchain is used to pay for transaction fees, miner rewards and other services on the network and this is the native token of the ethereum blockchain.
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.
SOLIDITY its syntax is similar to that of javascript, and it is intended to compile into bytecode for the ethereum virtual machine(evm). solidity is ethereum’s programming language for developing smart contracts.
Source + Source

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