BITCOIN PROTOCOL - TRANSACTION BLOCK - PRIVATE KEY - PEER-TO-PEER NETWORK (P2P) -

in #steem6 years ago


BITCOIN PROTOCOL
these networks can become massive, allowing for things like file-sharing or cryptocurrency. any computer network where two or more computers are connected and share resources without going through a separate server. 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
PRIVATE KEY
they act as passwords that are kept hidden from anyone but the owner of the address. a private key is a string of data that allows you to access the tokens in a specific wallet. Source + Source
PEER-TO-PEER NETWORK (P2P)
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
protocol to set the “rules” for how the network runs. the open source, cryptographic protocol which operates on the bitcoin network.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
PRIVATE KEY
they act as passwords that are kept hidden from anyone but the owner of the address. a private key is a string of data that allows you to access the tokens in a specific wallet. Source + Source
PEER-TO-PEER NETWORK (P2P)
these networks can become massive, allowing for things like file-sharing or cryptocurrency. any computer network where two or more computers are connected and share resources without going through a separate server. Source + Source

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