BLOCKCHAIN - DIGITAL SIGNATURE - FORK - DOGECOIN -

in #money7 years ago


BLOCKCHAIN
gained a broad international following and quickly grew to have a multi-million dollar market capitalization. features a japanese fighting dog as its mascot. an altcoin first started as a joke in late 2013. Source + Source
DIGITAL SIGNATURE
is generated by public key encryption that is attached to an electronically transmitted document to verify its contents and the sender’s identity. is a digital code. Source + Source
FORK
it can also be used to describe a separate cryptocurrency which has been split from the main blockchain, such as namecoin being a “fork” of bitcoin. a split in the blockchain where there are temporarily two different blockchains which miners can work on. (this change is called a “hard fork”.) these can occur if software updates to a bitcoin client are incompatible or if developers decide that changes must be made to the programming of a coin. forks create an alternate version of the blockchain, leaving two blockchains to run simultaneously on different parts of the network. Source + Source
DOGECOIN
the blockchain serves as a historical record of all transactions that ever occurred, from the genesis block to the latest block, hence the name blockchain. a blockchain is a shared ledger where transactions are permanently recorded by appending blocks. Source + Source


BLOCKCHAIN
the blockchain serves as a historical record of all transactions that ever occurred, from the genesis block to the latest block, hence the name blockchain. a blockchain is a shared ledger where transactions are permanently recorded by appending blocks. Source + Source
DIGITAL SIGNATURE
is generated by public key encryption that is attached to an electronically transmitted document to verify its contents and the sender’s identity. is a digital code. Source + Source
FORK
it can also be used to describe a separate cryptocurrency which has been split from the main blockchain, such as namecoin being a “fork” of bitcoin. a split in the blockchain where there are temporarily two different blockchains which miners can work on. (this change is called a “hard fork”.) these can occur if software updates to a bitcoin client are incompatible or if developers decide that changes must be made to the programming of a coin. forks create an alternate version of the blockchain, leaving two blockchains to run simultaneously on different parts of the network. Source + Source
DOGECOIN
gained a broad international following and quickly grew to have a multi-million dollar market capitalization. features a japanese fighting dog as its mascot. an altcoin first started as a joke in late 2013. Source + Source

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