GENESIS BLOCK - BLOCK HEIGHT - PROOF-OF-WORK - ORACLES -

realskilled (47)in #money • 7 years ago


GENESIS BLOCK	refers to the 1st or first few blocks of a blockchain.^{Source + Source}
BLOCK HEIGHT	oracles work (by providing data to the smart contracts) as a bridge between the real world and the blockchain.^{Source + Source}
PROOF-OF-WORK	a proof of work is a piece of data which is easy for others to verify and which satisfies certain requirements. is difficult (costly, time-consuming) to produce.^{Source + Source}
ORACLES	a number that represents how many blocks are connected on the blockchain.^{Source + Source}


GENESIS BLOCK	refers to the 1st or first few blocks of a blockchain.^{Source + Source}
BLOCK HEIGHT	a number that represents how many blocks are connected on the blockchain.^{Source + Source}
PROOF-OF-WORK	a proof of work is a piece of data which is easy for others to verify and which satisfies certain requirements. is difficult (costly, time-consuming) to produce.^{Source + Source}
ORACLES	oracles work (by providing data to the smart contracts) as a bridge between the real world and the blockchain.^{Source + Source}

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