CONSENSUS - BLOCK HEIGHT - IRREVERSIBLE - BIP -

megan.brown (48)in #steem • 6 years ago


CONSENSUS	can be submitted by anyone who wants to improve the bitcoin network. an acronym for “bitcoin improvement proposals”. ^{Source + Source}
BLOCK HEIGHT	the consensus is achieved by ensuring that the ledgers are exact copies of each other and all participants of the network agree on the validity of the transactions. ^{Source + Source}
IRREVERSIBLE	there is no safety net for that situation. after confirmation, a transaction is unable to be reversed by nobody. ^{Source + Source}
BIP	a number that represents how many blocks are connected on the blockchain.^{Source + Source}


CONSENSUS	the consensus is achieved by ensuring that the ledgers are exact copies of each other and all participants of the network agree on the validity of the transactions. ^{Source + Source}
BLOCK HEIGHT	a number that represents how many blocks are connected on the blockchain.^{Source + Source}
IRREVERSIBLE	there is no safety net for that situation. after confirmation, a transaction is unable to be reversed by nobody. ^{Source + Source}
BIP	can be submitted by anyone who wants to improve the bitcoin network. an acronym for “bitcoin improvement proposals”. ^{Source + Source}

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