DISTRIBUTED LEDGER - CRYPTOGRAPHY - LIGHT NODE - ADDRESS -

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


DISTRIBUTED LEDGER	a distributed ledger does not have to have its own currency. may be permissioned and private. distributed ledgers are ledgers in which data is stored across a network of decentralized nodes. ^{Source + Source}
CRYPTOGRAPHY	a computer on a blockchain network that (making use of the simplified payment verification (spv) mode), only verifies a limited number of transactions relevant to its dealings. ^{Source + Source}
LIGHT NODE	it is more probable that an asteroid falls on your house than that a bitcoin address is compromised. cryptocurrencies are not secured by people or by trust, but by math. cryptocurrencies are built on cryptography. is the practice and study of techniques for secure communication in the presence of third parties called adversaries.^{Source + Source}
ADDRESS	an address usually presents itself as a string of alphanumeric characters. cryptocurrency addresses are used to send or receive transactions on the network. ^{Source + Source}


DISTRIBUTED LEDGER	a distributed ledger does not have to have its own currency. may be permissioned and private. distributed ledgers are ledgers in which data is stored across a network of decentralized nodes. ^{Source + Source}
CRYPTOGRAPHY	it is more probable that an asteroid falls on your house than that a bitcoin address is compromised. cryptocurrencies are not secured by people or by trust, but by math. cryptocurrencies are built on cryptography. is the practice and study of techniques for secure communication in the presence of third parties called adversaries.^{Source + Source}
LIGHT NODE	a computer on a blockchain network that (making use of the simplified payment verification (spv) mode), only verifies a limited number of transactions relevant to its dealings. ^{Source + Source}
ADDRESS	an address usually presents itself as a string of alphanumeric characters. cryptocurrency addresses are used to send or receive transactions on the network. ^{Source + Source}

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