AML - KYC - BIP148 - CROWDSOURCING -

in #cryptocurrency6 years ago


AML
aml mechanisms can be legal or technical in nature. regulators frequently apply aml techniques to bitcoin exchanges. anti-money laundering techniques are used to stop people converting illegally obtained funds, to appear as though they have been earned legally. Source + Source
KYC
know your client/customer rules force financial institutions, in order ensuring that they are legitimate, to vet the people they are doing business with.Source + Source
BIP148
it was designed to cause the existing segwit masf deployment to cause activation in all existing segwit capable node software. currently is 80% of the network nodes. bip148 is a user activated soft fork - uasf. Source + Source
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. Source + Source


AML
aml mechanisms can be legal or technical in nature. regulators frequently apply aml techniques to bitcoin exchanges. anti-money laundering techniques are used to stop people converting illegally obtained funds, to appear as though they have been earned legally. Source + Source
KYC
know your client/customer rules force financial institutions, in order ensuring that they are legitimate, to vet the people they are doing business with.Source + Source
BIP148
it was designed to cause the existing segwit masf deployment to cause activation in all existing segwit capable node software. currently is 80% of the network nodes. bip148 is a user activated soft fork - uasf. Source + Source
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. Source + Source

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