DESKTOP WALLET - DAO - PROOF- OF- STAKE (POS) - CONSORTIUM BLOCKCHAIN -

in #steem6 years ago


DESKTOP WALLET
e.g: a consortium of 15 financial institutions. a blockchain where the consensus process is controlled by a pre-selected set of nodes. Source + Source
DAO
allow the spending and management of your bitcoins. a wallet that stores the private keys on your computer. Source + Source
PROOF- OF- STAKE (POS)
the more bitcoin or altcoin owned by a miner, the more mining power he or she has. concept states that a person can mine or validate block transactions according to how many coins he or she holds. Source + Source
CONSORTIUM BLOCKCHAIN
also known as “dacs”. a theoretical company that could exist in the cloud and carry out business according to preset algorithms, needing no human management. decentralised autonomous organizations can be thought of as corporations that run without any human intervention and surrender all forms of control to an incorruptible set of business rules. Source + Source


DESKTOP WALLET
allow the spending and management of your bitcoins. a wallet that stores the private keys on your computer. Source + Source
DAO
also known as “dacs”. a theoretical company that could exist in the cloud and carry out business according to preset algorithms, needing no human management. decentralised autonomous organizations can be thought of as corporations that run without any human intervention and surrender all forms of control to an incorruptible set of business rules. Source + Source
PROOF- OF- STAKE (POS)
the more bitcoin or altcoin owned by a miner, the more mining power he or she has. concept states that a person can mine or validate block transactions according to how many coins he or she holds. Source + Source
CONSORTIUM BLOCKCHAIN
e.g: a consortium of 15 financial institutions. a blockchain where the consensus process is controlled by a pre-selected set of nodes. Source + Source

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