MINING ALGORITHM - TURING COMPLETE - BITCOIN (UNIT OF CURRENCY) - DISTRIBUTED NETWORK -

rspower (48)in #cryptocurrency • 6 years ago


MINING ALGORITHM	bitcoin functions as a reserve currency for the altcoin ecosystem. a unit of the decentralized, digital currency which can be traded for goods and services. 100,000,000 satoshis. ^{^{Source + Source}}
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. ^{^{Source + Source}}
BITCOIN (UNIT OF CURRENCY)	bitcoin’s mining algorithm is sha256, whilst litecoin & dogecoin’s are scrypt. the algorithm used by a cryptocurrency to sign transactions, these vary across different cryptocurrencies. ^{^{Source + Source}}
DISTRIBUTED NETWORK	rather than having a centralised data centre, a type of network where processing power and data are spread over the nodes.^{^{Source + Source}}


MINING ALGORITHM	bitcoin’s mining algorithm is sha256, whilst litecoin & dogecoin’s are scrypt. the algorithm used by a cryptocurrency to sign transactions, these vary across different cryptocurrencies. ^{^{Source + Source}}
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. ^{^{Source + Source}}
BITCOIN (UNIT OF CURRENCY)	bitcoin functions as a reserve currency for the altcoin ecosystem. a unit of the decentralized, digital currency which can be traded for goods and services. 100,000,000 satoshis. ^{^{Source + Source}}
DISTRIBUTED NETWORK	rather than having a centralised data centre, a type of network where processing power and data are spread over the nodes.^{^{Source + Source}}

Cryptocurrency News - Top Stories !

Japanese Watchdog Warns Crypto Firm Over Unlicensed Operation ... - CoinDesk

CoinDesk: ... financial watchdog has stepped up its efforts to scrutinize foreign cryptocurrency services that target domestic investors without a license. According to an official warning published by the ... Finance Service Agency (FSA) on Feb. 13, the ...and more ...

Hackers hijack government websites to mine crypto-cash - BBC News

BBC News: The Information ... Office (ICO) took down its website after a warning that hackers were taking control of ... computers to mine cryptocurrency. Security researcher Scott Helme said more than 4,000 websites, including many government ...

Forbes' 'Fintech 50 For 2018' List Includes 11 Blockchain & Crypto Companies - Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News)

Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News): ... site has a separate article breaking down the influence of Blockchain and crypto companies that made the Fintech 50 list. Forbes writes that perhaps unseen behind the nonstop news coverage of crypto price volatility, the Blockchain companies ...and more ...

US Treasury Official Calls for Global Crypto Regulation - Coindesk

Coindesk: The undersecretary of the U.S. ... Office of Terrorism and Financial Intelligence called on the international community for stronger cryptocurrency regulations to help protect the financial system and national security in a speech yesterday ...and more ...

EOS Crypto Exchange - Crypto Daily (press release)

Crypto Daily (press release): A new concept looks set to revolutionise crypto. EOSfinex, a decentralised crypto exchange on the EOS platform, is set to be launched by Bitfinex in the very near future. The idea behind the decision is to “decentralise the exchange community ...

Thailand: Central Bank Asks All Banks To Avoid Crypto,... | News ... - Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News)

Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News): The Central Bank of Thailand tells all banks in the country to stay away from cryptocurrencies until a regulatory framework is imp... | News | Cointelegraph.and more ...

CFTC to Establish Crypto and DLT Committees - CoinDesk

CoinDesk: Indeed, the event had one tangible outcome from the get-go – just prior to the break, the committee approved the creation of two subcommittees, with one devoted to cryptocurrencies and the other on broader application of distributed ledgers in the ...

Latest posts from our Team !

^{^{^{[ Note for @steemcleaners / @cheetah ] The agreement of our Team: The following authors decided to create a Team in order to collaborate and share formats and content in our posts. Any copy of content between this Team does not constitute a plagiarism: @rspower @matthew.davis @megan.brown @rssniper @realskilled @rstracer @ali.wood}}}