USAF - CENTRAL LEDGER - DETERMINISTIC WALLET - TRANSACTION BLOCK -

rstracer (48)in #cryptocurrency • 6 years ago


USAF	gathered into a block, it's a collection of transactions that can then be added and hashed to the blockchain.^{Source + Source}
CENTRAL LEDGER	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. ^{Source + Source}
DETERMINISTIC WALLET	the uasf concept was combined with segwit activation in the bip148 proposal which became active on 1st august 2017. it’s a mechanism where the activation time of a soft fork occurs on a specified date enforced by full nodes, a concept sometimes referred to as the economic majority. user activated soft fork. ^{Source + Source}
TRANSACTION BLOCK	a ledger that is maintained by a central agency.^{Source + Source}


USAF	the uasf concept was combined with segwit activation in the bip148 proposal which became active on 1st august 2017. it’s a mechanism where the activation time of a soft fork occurs on a specified date enforced by full nodes, a concept sometimes referred to as the economic majority. user activated soft fork. ^{Source + Source}
CENTRAL LEDGER	a ledger that is maintained by a central agency.^{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. ^{Source + Source}
TRANSACTION BLOCK	gathered into a block, it's a collection of transactions that can then be added and hashed to the blockchain.^{Source + Source}

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