DIFFICULTY - TRANSACTION BLOCK - ETHEREUM - MINER -

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


DIFFICULTY	a cryptocurrency needs some kind of mechanism to prevent one ruling party from abusing it. a miner has the right to add a so-called coinbase transaction that gives him a specific number of bitcoins. a miner can build a block and add it to the blockchain. ^{Source + Source}
TRANSACTION BLOCK	this refers to how difficult/easily a data blocks of transaction information can be mined successfully.^{Source + Source}
ETHEREUM	gathered into a block, it's a collection of transactions that can then be added and hashed to the blockchain.^{Source + Source}
MINER	is aimed at solving issues associated with censorship, fraud and third-party interference. ethereum is a blockchain-based decentralised platform for apps that run smart contracts. ^{Source + Source}


DIFFICULTY	this refers to how difficult/easily a data blocks of transaction information can be mined successfully.^{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}
ETHEREUM	is aimed at solving issues associated with censorship, fraud and third-party interference. ethereum is a blockchain-based decentralised platform for apps that run smart contracts. ^{Source + Source}
MINER	a cryptocurrency needs some kind of mechanism to prevent one ruling party from abusing it. a miner has the right to add a so-called coinbase transaction that gives him a specific number of bitcoins. a miner can build a block and add it to the blockchain. ^{Source + Source}

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