BITCOIN (UNIT OF CURRENCY) - USAF - CRYPTOGRAPHY - BLOCK -

megan.brown (48)in #money • 6 years ago


BITCOIN (UNIT OF CURRENCY)	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}
USAF	they carry permanently recorded data on the blockchain network. blocks are packages of data. ^{Source + Source}
CRYPTOGRAPHY	bitcoin functions as a reserve currency for the altcoin ecosystem. a unit of the decentralized, digital currency which can be traded for goods and services. 100,000,000 satoshis. ^{Source + Source}
BLOCK	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}


BITCOIN (UNIT OF CURRENCY)	bitcoin functions as a reserve currency for the altcoin ecosystem. a unit of the decentralized, digital currency which can be traded for goods and services. 100,000,000 satoshis. ^{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}
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}
BLOCK	they carry permanently recorded data on the blockchain network. blocks are packages of data. ^{Source + Source}

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