DISTRIBUTED DENIAL OF SERVICE (DDOS) - EXCHANGE - CONFIRMATION - MEDIUM OF EXCHANGE - PEER TO PEER - DISTRIBUTED NETWORK - WIRE TRANSFER - MINING POOL - MULTI-SIGNATURE - BITCOIN (UNIT OF CURRENCY) -

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

DISTRIBUTED DENIAL OF SERVICE (DDOS) a place used by sellers and buyers where they can trade bitcoins or other cryptocurrencies.
EXCHANGE participants of a p2p network deal directly with each other through a single mediation point. peer to peer (p2p) refers to the decentralized interactions between two parties or more in a highly-interconnected network.
CONFIRMATION fiat currencies are the generally accepted mediums of exchange. their most important and essential function is to provide a measure of value. is an intermediary used in trade to avoid the inconveniences of a pure barter system.
MEDIUM OF EXCHANGE rather than having a centralised data centre, a type of network where processing power and data are spread over the nodes.
PEER TO PEER multi-signature addresses provide (by requiring more than one key to authorize a transaction) an added layer of security.
DISTRIBUTED NETWORK this is a successful act of where the transaction has hashed and added to the blockchain.
WIRE TRANSFER bitcoin functions as a reserve currency for the altcoin ecosystem. a unit of the decentralized, digital currency which can be traded for goods and services. 100,000,000 satoshis.
MINING POOL commonly used to send and retrieve fiat currency from bitcoin exchanges. electronically transferring money from one person to another.
MULTI-SIGNATURE often this comes with a severe attack on the network, creating an army of ‘zombie’ computers who simultaneously flood a targeted website or network with requests. can cause a sustained downtime on said network or even make them crash completely. a very dangerous threat for cryptocurrency users.
BITCOIN (UNIT OF CURRENCY) 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


DISTRIBUTED DENIAL OF SERVICE (DDOS)	a place used by sellers and buyers where they can trade bitcoins or other cryptocurrencies.
EXCHANGE	participants of a p2p network deal directly with each other through a single mediation point. peer to peer (p2p) refers to the decentralized interactions between two parties or more in a highly-interconnected network.
CONFIRMATION	fiat currencies are the generally accepted mediums of exchange. their most important and essential function is to provide a measure of value. is an intermediary used in trade to avoid the inconveniences of a pure barter system.
MEDIUM OF EXCHANGE	rather than having a centralised data centre, a type of network where processing power and data are spread over the nodes.
PEER TO PEER	multi-signature addresses provide (by requiring more than one key to authorize a transaction) an added layer of security.
DISTRIBUTED NETWORK	this is a successful act of where the transaction has hashed and added to the blockchain.
WIRE TRANSFER	bitcoin functions as a reserve currency for the altcoin ecosystem. a unit of the decentralized, digital currency which can be traded for goods and services. 100,000,000 satoshis.
MINING POOL	commonly used to send and retrieve fiat currency from bitcoin exchanges. electronically transferring money from one person to another.
MULTI-SIGNATURE	often this comes with a severe attack on the network, creating an army of ‘zombie’ computers who simultaneously flood a targeted website or network with requests. can cause a sustained downtime on said network or even make them crash completely. a very dangerous threat for cryptocurrency users.
BITCOIN (UNIT OF CURRENCY)	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.

DISTRIBUTED DENIAL OF SERVICE (DDOS) often this comes with a severe attack on the network, creating an army of ‘zombie’ computers who simultaneously flood a targeted website or network with requests. can cause a sustained downtime on said network or even make them crash completely. a very dangerous threat for cryptocurrency users.
EXCHANGE a place used by sellers and buyers where they can trade bitcoins or other cryptocurrencies.
CONFIRMATION this is a successful act of where the transaction has hashed and added to the blockchain.
MEDIUM OF EXCHANGE fiat currencies are the generally accepted mediums of exchange. their most important and essential function is to provide a measure of value. is an intermediary used in trade to avoid the inconveniences of a pure barter system.
PEER TO PEER participants of a p2p network deal directly with each other through a single mediation point. peer to peer (p2p) refers to the decentralized interactions between two parties or more in a highly-interconnected network.
DISTRIBUTED NETWORK rather than having a centralised data centre, a type of network where processing power and data are spread over the nodes.
WIRE TRANSFER commonly used to send and retrieve fiat currency from bitcoin exchanges. electronically transferring money from one person to another.
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.
MULTI-SIGNATURE multi-signature addresses provide (by requiring more than one key to authorize a transaction) an added layer of security.
BITCOIN (UNIT OF CURRENCY) bitcoin functions as a reserve currency for the altcoin ecosystem. a unit of the decentralized, digital currency which can be traded for goods and services. 100,000,000 satoshis.
Source + Source


DISTRIBUTED DENIAL OF SERVICE (DDOS)	often this comes with a severe attack on the network, creating an army of ‘zombie’ computers who simultaneously flood a targeted website or network with requests. can cause a sustained downtime on said network or even make them crash completely. a very dangerous threat for cryptocurrency users.
EXCHANGE	a place used by sellers and buyers where they can trade bitcoins or other cryptocurrencies.
CONFIRMATION	this is a successful act of where the transaction has hashed and added to the blockchain.
MEDIUM OF EXCHANGE	fiat currencies are the generally accepted mediums of exchange. their most important and essential function is to provide a measure of value. is an intermediary used in trade to avoid the inconveniences of a pure barter system.
PEER TO PEER	participants of a p2p network deal directly with each other through a single mediation point. peer to peer (p2p) refers to the decentralized interactions between two parties or more in a highly-interconnected network.
DISTRIBUTED NETWORK	rather than having a centralised data centre, a type of network where processing power and data are spread over the nodes.
WIRE TRANSFER	commonly used to send and retrieve fiat currency from bitcoin exchanges. electronically transferring money from one person to another.
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.
MULTI-SIGNATURE	multi-signature addresses provide (by requiring more than one key to authorize a transaction) an added layer of security.
BITCOIN (UNIT OF CURRENCY)	bitcoin functions as a reserve currency for the altcoin ecosystem. a unit of the decentralized, digital currency which can be traded for goods and services. 100,000,000 satoshis.

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