DETERMINISTIC WALLET - CENTRAL LEDGER - BITCOIN ATM - HALVING - IRREVERSIBLE - SPV - APPLICATION SPECIFIC INTEGRATED CIRCUIT (ASIC) - CRYPTOCURRENCY - ADDRESS - HYBRID POS/POW -

megan.brown (48)in #cryptocurrency • 8 years ago

DETERMINISTIC WALLET the final halving will take place in the year 2140. the total amount of bitcoins that will ever be issued is 21 million. the number of bitcoins generated per block is decreased 50% every four years and is called halving. bitcoins have a finite supply, which makes them a scarce digital commodity.
CENTRAL LEDGER a ledger that is maintained by a central agency.
BITCOIN ATM cryptocurrencies are representations of digital assets. also known as tokens.
HALVING this allows mobile clients to make payments without needing a copy of the entire blockchain. acronym for “simplified payment verification”.
IRREVERSIBLE people can trade fiat currency and bitcoins on this cash point.
SPV an address usually presents itself as a string of alphanumeric characters. cryptocurrency addresses are used to send or receive transactions on the network.
APPLICATION SPECIFIC INTEGRATED CIRCUIT (ASIC) this seed is all that is needed to restore a wallet if it is lost and can allow the creation of public addresses without the knowledge of the private key. a wallet based on a system of deriving multiple keys from a single starting point known as a seed.
CRYPTOCURRENCY 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.
ADDRESS a chip created for mining data blocks. a specific computer chip which has been created for the sole purpose of.
HYBRID POS/POW there is no safety net for that situation. after confirmation, a transaction is unable to be reversed by nobody.
Source + Source


DETERMINISTIC WALLET	the final halving will take place in the year 2140. the total amount of bitcoins that will ever be issued is 21 million. the number of bitcoins generated per block is decreased 50% every four years and is called halving. bitcoins have a finite supply, which makes them a scarce digital commodity.
CENTRAL LEDGER	a ledger that is maintained by a central agency.
BITCOIN ATM	cryptocurrencies are representations of digital assets. also known as tokens.
HALVING	this allows mobile clients to make payments without needing a copy of the entire blockchain. acronym for “simplified payment verification”.
IRREVERSIBLE	people can trade fiat currency and bitcoins on this cash point.
SPV	an address usually presents itself as a string of alphanumeric characters. cryptocurrency addresses are used to send or receive transactions on the network.
APPLICATION SPECIFIC INTEGRATED CIRCUIT (ASIC)	this seed is all that is needed to restore a wallet if it is lost and can allow the creation of public addresses without the knowledge of the private key. a wallet based on a system of deriving multiple keys from a single starting point known as a seed.
CRYPTOCURRENCY	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.
ADDRESS	a chip created for mining data blocks. a specific computer chip which has been created for the sole purpose of.
HYBRID POS/POW	there is no safety net for that situation. after confirmation, a transaction is unable to be reversed by nobody.

DETERMINISTIC WALLET this seed is all that is needed to restore a wallet if it is lost and can allow the creation of public addresses without the knowledge of the private key. a wallet based on a system of deriving multiple keys from a single starting point known as a seed.
CENTRAL LEDGER a ledger that is maintained by a central agency.
BITCOIN ATM people can trade fiat currency and bitcoins on this cash point.
HALVING the final halving will take place in the year 2140. the total amount of bitcoins that will ever be issued is 21 million. the number of bitcoins generated per block is decreased 50% every four years and is called halving. bitcoins have a finite supply, which makes them a scarce digital commodity.
IRREVERSIBLE there is no safety net for that situation. after confirmation, a transaction is unable to be reversed by nobody.
SPV this allows mobile clients to make payments without needing a copy of the entire blockchain. acronym for “simplified payment verification”.
APPLICATION SPECIFIC INTEGRATED CIRCUIT (ASIC) a chip created for mining data blocks. a specific computer chip which has been created for the sole purpose of.
CRYPTOCURRENCY cryptocurrencies are representations of digital assets. also known as tokens.
ADDRESS an address usually presents itself as a string of alphanumeric characters. cryptocurrency addresses are used to send or receive transactions on the network.
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


DETERMINISTIC WALLET	this seed is all that is needed to restore a wallet if it is lost and can allow the creation of public addresses without the knowledge of the private key. a wallet based on a system of deriving multiple keys from a single starting point known as a seed.
CENTRAL LEDGER	a ledger that is maintained by a central agency.
BITCOIN ATM	people can trade fiat currency and bitcoins on this cash point.
HALVING	the final halving will take place in the year 2140. the total amount of bitcoins that will ever be issued is 21 million. the number of bitcoins generated per block is decreased 50% every four years and is called halving. bitcoins have a finite supply, which makes them a scarce digital commodity.
IRREVERSIBLE	there is no safety net for that situation. after confirmation, a transaction is unable to be reversed by nobody.
SPV	this allows mobile clients to make payments without needing a copy of the entire blockchain. acronym for “simplified payment verification”.
APPLICATION SPECIFIC INTEGRATED CIRCUIT (ASIC)	a chip created for mining data blocks. a specific computer chip which has been created for the sole purpose of.
CRYPTOCURRENCY	cryptocurrencies are representations of digital assets. also known as tokens.
ADDRESS	an address usually presents itself as a string of alphanumeric characters. cryptocurrency addresses are used to send or receive transactions on the network.
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.

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8 years ago in #cryptocurrency by megan.brown (48)

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DETERMINISTIC WALLET - CENTRAL LEDGER - BITCOIN ATM - HALVING - IRREVERSIBLE - SPV - APPLICATION SPECIFIC INTEGRATED CIRCUIT (ASIC) - CRYPTOCURRENCY - ADDRESS - HYBRID POS/POW -

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