DISTRIBUTED NETWORK - DIFFICULTY - ALTCOINS - TRANSACTION BLOCK -

matthew.davis (49)in #money • 7 years ago


DISTRIBUTED NETWORK	these concern all coins that came after the initial release of the famous bitcoin, the first decentralized cryptocurrency. a name coined as the merger of the words bitcoin & alternative. ^{^{Source + Source}}
DIFFICULTY	gathered into a block, it's a collection of transactions that can then be added and hashed to the blockchain.^{^{Source + Source}}
ALTCOINS	rather than having a centralised data centre, a type of network where processing power and data are spread over the nodes.^{^{Source + Source}}
TRANSACTION BLOCK	this refers to how difficult/easily a data blocks of transaction information can be mined successfully.^{^{Source + Source}}


DISTRIBUTED NETWORK	rather than having a centralised data centre, a type of network where processing power and data are spread over the nodes.^{^{Source + Source}}
DIFFICULTY	this refers to how difficult/easily a data blocks of transaction information can be mined successfully.^{^{Source + Source}}
ALTCOINS	these concern all coins that came after the initial release of the famous bitcoin, the first decentralized cryptocurrency. a name coined as the merger of the words bitcoin & alternative. ^{^{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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