LIGHT NODE - HARD FORK - BIP - SATOSHI NAKAMOTO -

in #steem6 years ago


LIGHT NODE
in 2008, nakamoto published a paper on the cryptography mailing list at metzdowd.com describing the bitcoin digital currency. is a person or group of people who created the bitcoin protocol and reference software, bitcoin core (formerly known as bitcoin-qt). the mysterious creator of bitcoin. in 2009, they released the first bitcoin software that launched the network and the first units of the bitcoin cryptocurrency, called bitcoins.Source + Source
HARD FORK
a computer on a blockchain network that (making use of the simplified payment verification (spv) mode), only verifies a limited number of transactions relevant to its dealings. Source + Source
BIP
a type of fork that requires all nodes and users to upgrade to the latest version of the protocol software and that renders previously invalid transactions valid, and vice versa. Source + Source
SATOSHI NAKAMOTO
can be submitted by anyone who wants to improve the bitcoin network. an acronym for “bitcoin improvement proposals”. Source + Source


LIGHT NODE
a computer on a blockchain network that (making use of the simplified payment verification (spv) mode), only verifies a limited number of transactions relevant to its dealings. Source + Source
HARD FORK
a type of fork that requires all nodes and users to upgrade to the latest version of the protocol software and that renders previously invalid transactions valid, and vice versa. Source + Source
BIP
can be submitted by anyone who wants to improve the bitcoin network. an acronym for “bitcoin improvement proposals”. Source + Source
SATOSHI NAKAMOTO
in 2008, nakamoto published a paper on the cryptography mailing list at metzdowd.com describing the bitcoin digital currency. is a person or group of people who created the bitcoin protocol and reference software, bitcoin core (formerly known as bitcoin-qt). the mysterious creator of bitcoin. in 2009, they released the first bitcoin software that launched the network and the first units of the bitcoin cryptocurrency, called bitcoins.Source + Source

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