DETERMINISTIC WALLET - TRANSACTION BLOCK - ALTCOINS - EXCHANGE -

ali.wood (49)in #steem • 7 years ago


DETERMINISTIC WALLET	a place used by sellers and buyers where they can trade bitcoins or other cryptocurrencies.^{^{Source + Source}}
TRANSACTION BLOCK	this seed is all that is needed to restore a wallet if it is lost and can allow the creation of public addresses without the knowledge of the private key. a wallet based on a system of deriving multiple keys from a single starting point known as a seed. ^{^{Source + Source}}
ALTCOINS	gathered into a block, it's a collection of transactions that can then be added and hashed to the blockchain.^{^{Source + Source}}
EXCHANGE	these concern all coins that came after the initial release of the famous bitcoin, the first decentralized cryptocurrency. a name coined as the merger of the words bitcoin & alternative. ^{^{Source + Source}}


DETERMINISTIC WALLET	this seed is all that is needed to restore a wallet if it is lost and can allow the creation of public addresses without the knowledge of the private key. a wallet based on a system of deriving multiple keys from a single starting point known as a seed. ^{^{Source + Source}}
TRANSACTION BLOCK	gathered into a block, it's a collection of transactions that can then be added and hashed to the blockchain.^{^{Source + Source}}
ALTCOINS	these concern all coins that came after the initial release of the famous bitcoin, the first decentralized cryptocurrency. a name coined as the merger of the words bitcoin & alternative. ^{^{Source + Source}}
EXCHANGE	a place used by sellers and buyers where they can trade bitcoins or other cryptocurrencies.^{^{Source + Source}}

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