DISTRIBUTED NETWORK - ASYMMETRIC KEY ALGORITHM - WIRE TRANSFER - PAPER WALLET -

rssniper (49)in #money • 6 years ago


DISTRIBUTED NETWORK	all traces of the key are removed from the computer where it was generated. a form of cold storage where a private key for bitcoin address is printed on a piece of paper (with or without encryption). ^{Source + Source}
ASYMMETRIC KEY ALGORITHM	commonly used to send and retrieve fiat currency from bitcoin exchanges. electronically transferring money from one person to another. ^{Source + Source}
WIRE TRANSFER	rather than having a centralised data centre, a type of network where processing power and data are spread over the nodes.^{Source + Source}
PAPER WALLET	public and private keys are needed to support cryptocurrency transactions. both sender and receiver have this key, and can send secure information. the algorithm used to generate public and private keys. ^{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}
ASYMMETRIC KEY ALGORITHM	public and private keys are needed to support cryptocurrency transactions. both sender and receiver have this key, and can send secure information. the algorithm used to generate public and private keys. ^{Source + Source}
WIRE TRANSFER	commonly used to send and retrieve fiat currency from bitcoin exchanges. electronically transferring money from one person to another. ^{Source + Source}
PAPER WALLET	all traces of the key are removed from the computer where it was generated. a form of cold storage where a private key for bitcoin address is printed on a piece of paper (with or without encryption). ^{Source + Source}

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