MULTI-SIGNATURE - USAF - APPLICATION SPECIFIC INTEGRATED CIRCUIT (ASIC) - SMART CONTRACT -

in #steem6 years ago


MULTI-SIGNATURE
multi-signature addresses provide (by requiring more than one key to authorize a transaction) an added layer of security.Source + Source
USAF
the uasf concept was combined with segwit activation in the bip148 proposal which became active on 1st august 2017. it’s a mechanism where the activation time of a soft fork occurs on a specified date enforced by full nodes, a concept sometimes referred to as the economic majority. user activated soft fork. Source + Source
APPLICATION SPECIFIC INTEGRATED CIRCUIT (ASIC)
a smart contract can be used to define certain computational benchmarks or barriers that have to be met in turn for money or data to be deposited or even be used to verify things such as land rights. once signed it can never be altered. a two way smart contract is an unalterable agreement stored on the blockchain that has specific logic operations akin to a real world contract. Source + Source
SMART CONTRACT
a chip created for mining data blocks. a specific computer chip which has been created for the sole purpose of. Source + Source


MULTI-SIGNATURE
multi-signature addresses provide (by requiring more than one key to authorize a transaction) an added layer of security.Source + Source
USAF
the uasf concept was combined with segwit activation in the bip148 proposal which became active on 1st august 2017. it’s a mechanism where the activation time of a soft fork occurs on a specified date enforced by full nodes, a concept sometimes referred to as the economic majority. user activated soft fork. Source + Source
APPLICATION SPECIFIC INTEGRATED CIRCUIT (ASIC)
a chip created for mining data blocks. a specific computer chip which has been created for the sole purpose of. Source + Source
SMART CONTRACT
a smart contract can be used to define certain computational benchmarks or barriers that have to be met in turn for money or data to be deposited or even be used to verify things such as land rights. once signed it can never be altered. a two way smart contract is an unalterable agreement stored on the blockchain that has specific logic operations akin to a real world contract. Source + Source

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