PEER TO PEER - BITCOIN (UNIT OF CURRENCY) - COLD STORAGE - CRYPTOCURRENCY -

in #steem6 years ago


PEER TO PEER
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
BITCOIN (UNIT OF CURRENCY)
cryptocurrencies are representations of digital assets. also known as tokens. Source + Source
COLD STORAGE
these wallets are known as “cold wallets”. this could be in the form of a hardware wallet, usb stick or a paper wallet. the safest way to store your private keys is by keeping them offline in “cold storage”. Source + Source
CRYPTOCURRENCY
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. Source + Source


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. Source + Source
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
COLD STORAGE
these wallets are known as “cold wallets”. this could be in the form of a hardware wallet, usb stick or a paper wallet. the safest way to store your private keys is by keeping them offline in “cold storage”. Source + Source
CRYPTOCURRENCY
cryptocurrencies are representations of digital assets. also known as tokens. Source + Source

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