DIFFICULTY - PROOF OF STAKE - PEER-TO-PEER NETWORK (P2P) - MINING POOL -

in #steem7 years ago


DIFFICULTY
this refers to how difficult/easily a data blocks of transaction information can be mined successfully.Source + Source
PROOF OF STAKE
a way to allows the rewards to be distributed more consistently between participants in the pool. a group of miners who have decided to combine their computing power for mining. 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
MINING POOL
the more you invest in the coin, the more you gain by mining with this protocol. a consensus distribution algorithm that rewards earnings based on the number of coins you own or hold. Source + Source


DIFFICULTY
this refers to how difficult/easily a data blocks of transaction information can be mined successfully.Source + Source
PROOF OF STAKE
the more you invest in the coin, the more you gain by mining with this protocol. a consensus distribution algorithm that rewards earnings based on the number of coins you own or hold. 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
MINING POOL
a way to allows the rewards to be distributed more consistently between participants in the pool. a group of miners who have decided to combine their computing power for mining. Source + Source

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