MINING POOL - OPEN SOURCE - NODE - ASYMMETRIC KEY ALGORITHM -

rspower (48)in #cryptocurrency • 7 years ago


MINING POOL	public and private keys are needed to support cryptocurrency transactions. both sender and receiver have this key, and can send secure information. the algorithm used to generate public and private keys. ^{^{Source + Source}}
OPEN SOURCE	to allow the source to be distributed and altered by anyone.the practice of sharing the source code for a piece of computer software. ^{^{Source + Source}}
NODE	a way to allows the rewards to be distributed more consistently between participants in the pool. a group of miners who have decided to combine their computing power for mining. ^{^{Source + Source}}
ASYMMETRIC KEY ALGORITHM	a node supports the network through validation and relaying of transactions while receiving a copy of the full blockchain itself. a node is essentially a computer connected to cryptocurrency network. a copy of the ledger operated by a participant of the blockchain network. ^{^{Source + Source}}


MINING POOL	a way to allows the rewards to be distributed more consistently between participants in the pool. a group of miners who have decided to combine their computing power for mining. ^{^{Source + Source}}
OPEN SOURCE	to allow the source to be distributed and altered by anyone.the practice of sharing the source code for a piece of computer software. ^{^{Source + Source}}
NODE	a node supports the network through validation and relaying of transactions while receiving a copy of the full blockchain itself. a node is essentially a computer connected to cryptocurrency network. a copy of the ledger operated by a participant of the blockchain network. ^{^{Source + Source}}
ASYMMETRIC KEY ALGORITHM	public and private keys are needed to support cryptocurrency transactions. both sender and receiver have this key, and can send secure information. the algorithm used to generate public and private keys. ^{^{Source + Source}}

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