ETHER - TRANSACTION FEE - IRREVERSIBLE - BITCOIN PROTOCOL -

in #steem6 years ago


ETHER
ethereum blockchain is used to pay for transaction fees, miner rewards and other services on the network and this is the native token of the ethereum blockchain. Source + Source
TRANSACTION FEE
the transaction fees add up to account for the block reward that a miner receives when he successfully processes a block. all cryptocurrency transactions involve a small transaction fee. Source + Source
IRREVERSIBLE
protocol to set the “rules” for how the network runs. the open source, cryptographic protocol which operates on the bitcoin network.Source + Source
BITCOIN PROTOCOL
there is no safety net for that situation. after confirmation, a transaction is unable to be reversed by nobody. Source + Source


ETHER
ethereum blockchain is used to pay for transaction fees, miner rewards and other services on the network and this is the native token of the ethereum blockchain. Source + Source
TRANSACTION FEE
the transaction fees add up to account for the block reward that a miner receives when he successfully processes a block. all cryptocurrency transactions involve a small transaction fee. Source + Source
IRREVERSIBLE
there is no safety net for that situation. after confirmation, a transaction is unable to be reversed by nobody. Source + Source
BITCOIN PROTOCOL
protocol to set the “rules” for how the network runs. the open source, cryptographic protocol which operates on the bitcoin network.Source + Source

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