EXCHANGE RATE - SEGWIT2X - HASH - HASH RATE -

in #cryptocurrency7 years ago


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. Source + Source
SEGWIT2X
this is a random and complex mathematical formula used in the verification of blocks of transaction data in the process known as mining. this is used for confirming coin transactions. the act of performing a hash function on the output data. Source + Source
HASH
represents the performance of the mining rig is expressed in hashes per second. is a measurement. Source + Source
HASH RATE
it consists of two sequential phases — to activate segwit using bip 91 (making it compatible with the uasf) and then to hard fork the base block size to 2 mb ninety days later. is proposed as a way to end bitcoin’s ‘scaling debate’ and was said to be a compromise between the two sides of the debate — those who want to achieve scaling through segregated witness (segwit) and those who prefer to scale by increasing the block size. also knows as the 'the new york agreement'. Source + Source


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. Source + Source
SEGWIT2X
it consists of two sequential phases — to activate segwit using bip 91 (making it compatible with the uasf) and then to hard fork the base block size to 2 mb ninety days later. is proposed as a way to end bitcoin’s ‘scaling debate’ and was said to be a compromise between the two sides of the debate — those who want to achieve scaling through segregated witness (segwit) and those who prefer to scale by increasing the block size. also knows as the 'the new york agreement'. Source + Source
HASH
this is a random and complex mathematical formula used in the verification of blocks of transaction data in the process known as mining. this is used for confirming coin transactions. the act of performing a hash function on the output data. Source + Source
HASH RATE
represents the performance of the mining rig is expressed in hashes per second. is a measurement. Source + Source

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