BITCOIN NETWORK - PAPER WALLET - BITCOIN - DISTRIBUTED DENIAL OF SERVICE (DDOS) -

in #steem6 years ago


BITCOIN NETWORK
this is what processes all bitcoin transactions. the decentralized, peer-to- peer network which maintains the blockchain. Source + Source
PAPER WALLET
often this comes with a severe attack on the network, creating an army of ‘zombie’ computers who simultaneously flood a targeted website or network with requests. can cause a sustained downtime on said network or even make them crash completely. a very dangerous threat for cryptocurrency users. Source + Source
BITCOIN
bitcoin is the first decentralised, open source cryptocurrency that runs on a global peer to peer network, without the need for middlemen and a centralised issuer. strictly, bitcoin with a capital “b” refers to the protocol & the network, whilst bitcoin with a lowercase “b” is the currency. bitcoin can refer to the protocol, network or the unit of currency. Source + Source
DISTRIBUTED DENIAL OF SERVICE (DDOS)
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


BITCOIN NETWORK
this is what processes all bitcoin transactions. the decentralized, peer-to- peer network which maintains the blockchain. 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
BITCOIN
bitcoin is the first decentralised, open source cryptocurrency that runs on a global peer to peer network, without the need for middlemen and a centralised issuer. strictly, bitcoin with a capital “b” refers to the protocol & the network, whilst bitcoin with a lowercase “b” is the currency. bitcoin can refer to the protocol, network or the unit of currency. Source + Source
DISTRIBUTED DENIAL OF SERVICE (DDOS)
often this comes with a severe attack on the network, creating an army of ‘zombie’ computers who simultaneously flood a targeted website or network with requests. can cause a sustained downtime on said network or even make them crash completely. a very dangerous threat for cryptocurrency users. Source + Source

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