BITCOIN - BLOCK TIMESTAMP - FIAT CURRENCY - DIFFICULTY -

matthew.davis (49)in #steem • 6 years ago


BITCOIN	this refers to how difficult/easily a data blocks of transaction information can be mined successfully.^{Source + Source}
BLOCK TIMESTAMP	like usd, eur or cny, is any money declared by a government to be to be valid for meeting a financial obligation.^{Source + Source}
FIAT CURRENCY	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}
DIFFICULTY	they help to make it more difficult for someone else to manipulate the blockchain. each block contains a timestamp in unix format. ^{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}
BLOCK TIMESTAMP	they help to make it more difficult for someone else to manipulate the blockchain. each block contains a timestamp in unix format. ^{Source + Source}
FIAT CURRENCY	like usd, eur or cny, is any money declared by a government to be to be valid for meeting a financial obligation.^{Source + Source}
DIFFICULTY	this refers to how difficult/easily a data blocks of transaction information can be mined successfully.^{Source + Source}

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