CONSORTIUM BLOCKCHAIN - DISTRIBUTED LEDGER - COLD STORAGE - PEER-TO-PEER NETWORK (P2P) -

in #money • 6 years ago


CONSORTIUM BLOCKCHAIN
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
DISTRIBUTED LEDGER
e.g: a consortium of 15 financial institutions. a blockchain where the consensus process is controlled by a pre-selected set of nodes. Source + Source
COLD STORAGE
these networks can become massive, allowing for things like file-sharing or cryptocurrency. any computer network where two or more computers are connected and share resources without going through a separate server. Source + Source
PEER-TO-PEER NETWORK (P2P)
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


CONSORTIUM BLOCKCHAIN
e.g: a consortium of 15 financial institutions. a blockchain where the consensus process is controlled by a pre-selected set of nodes. 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
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
PEER-TO-PEER NETWORK (P2P)
these networks can become massive, allowing for things like file-sharing or cryptocurrency. any computer network where two or more computers are connected and share resources without going through a separate server. Source + Source

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6 years ago in #money by
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     6 years ago 

    You do things when the opportunities come along. I've had periods in my life when I've had a bundle of ideas come along, and I've had long dry spells. If I get an idea next week, I'll do something. If not, I won't do a damn thing.

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