DISTRIBUTED NETWORK - BLOCK - GENESIS BLOCK - KYC -

rspower (48)in #money • 6 years ago


DISTRIBUTED NETWORK	know your client/customer rules force financial institutions, in order ensuring that they are legitimate, to vet the people they are doing business with.^{Source + Source}
BLOCK	rather than having a centralised data centre, a type of network where processing power and data are spread over the nodes.^{Source + Source}
GENESIS BLOCK	refers to the 1st or first few blocks of a blockchain.^{Source + Source}
KYC	they carry permanently recorded data on the blockchain network. blocks are packages of data. ^{Source + Source}


DISTRIBUTED NETWORK	rather than having a centralised data centre, a type of network where processing power and data are spread over the nodes.^{Source + Source}
BLOCK	they carry permanently recorded data on the blockchain network. blocks are packages of data. ^{Source + Source}
GENESIS BLOCK	refers to the 1st or first few blocks of a blockchain.^{Source + Source}
KYC	know your client/customer rules force financial institutions, in order ensuring that they are legitimate, to vet the people they are doing business with.^{Source + Source}

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