BLOCK - PUBLIC/PRIVATE KEY - MINING - SMART CONTRACTS -

in #money6 years ago


BLOCK
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
smart contracts encode business rules ( that are enforced by the participants of the network) in a programmable language onto the blockchain.Source + Source
MINING
by choosing the most efficient and suitable hardware and mining target, mining can produce a stable form of passive income. in this cryptocurrency boom, mining can be a lucrative business when done properly. the necessity of validation warrants an incentive for the miners, usually in the form of coins. mining is the act of validating blockchain transactions. Source + Source
SMART CONTRACTS
they carry permanently recorded data on the blockchain network. blocks are packages of data. Source + Source


BLOCK
they carry permanently recorded data on the blockchain network. blocks are packages of data. 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
MINING
by choosing the most efficient and suitable hardware and mining target, mining can produce a stable form of passive income. in this cryptocurrency boom, mining can be a lucrative business when done properly. the necessity of validation warrants an incentive for the miners, usually in the form of coins. mining is the act of validating blockchain transactions. Source + Source
SMART CONTRACTS
smart contracts encode business rules ( that are enforced by the participants of the network) in a programmable language onto the blockchain.Source + Source

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