TRANSACTION BLOCK - MEMPOOL - COLD STORAGE - PUBLIC/PRIVATE KEY -

in #money • 7 years ago


TRANSACTION BLOCK
these wallets are known as “cold wallets”. this could be in the form of a hardware wallet, usb stick or a paper wallet. the safest way to store your private keys is by keeping them offline in “cold storage”. Source + Source
MEMPOOL
the unconfirmed transactions stored by a node until they either expire or get included in the main chain. a technical term that refers to a collection of these transactions.Source + Source
COLD STORAGE
another party can then receive the message and using a key that is only known to that individual or group, decode the message. in cryptography a public key is a cryptographic key that can be utilized by any party to encrypt a message. Source + Source
PUBLIC/PRIVATE KEY
gathered into a block, it's a collection of transactions that can then be added and hashed to the blockchain.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
MEMPOOL
the unconfirmed transactions stored by a node until they either expire or get included in the main chain. a technical term that refers to a collection of these transactions.Source + Source
COLD STORAGE
these wallets are known as “cold wallets”. this could be in the form of a hardware wallet, usb stick or a paper wallet. the safest way to store your private keys is by keeping them offline in “cold storage”. Source + Source
PUBLIC/PRIVATE KEY
another party can then receive the message and using a key that is only known to that individual or group, decode the message. in cryptography a public key is a cryptographic key that can be utilized by any party to encrypt a message. Source + Source

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