BLOCK REWARD - LITECOIN - CONSORTIUM BLOCKCHAIN - BIP148 -

matthew.davis (49)in #money • 6 years ago


BLOCK REWARD	sometimes referred to as the silver of bitcoin’s gold. it's a peer-to-peer cryptocurrency based on the scrypt proof-of-work network. ^{Source + Source}
LITECOIN	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}
CONSORTIUM BLOCKCHAIN	verification of transactions on the blockchain generates new coins in the process, and the miner is rewarded by a portion of those. a form of incentive for the miner who successfully calculated the hash in a block during mining. ^{Source + Source}
BIP148	e.g: a consortium of 15 financial institutions. a blockchain where the consensus process is controlled by a pre-selected set of nodes. ^{Source + Source}


BLOCK REWARD	verification of transactions on the blockchain generates new coins in the process, and the miner is rewarded by a portion of those. a form of incentive for the miner who successfully calculated the hash in a block during mining. ^{Source + Source}
LITECOIN	sometimes referred to as the silver of bitcoin’s gold. it's a peer-to-peer cryptocurrency based on the scrypt proof-of-work network. ^{Source + Source}
CONSORTIUM BLOCKCHAIN	e.g: a consortium of 15 financial institutions. a blockchain where the consensus process is controlled by a pre-selected set of nodes. ^{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}

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