PROOF-OF-WORK - APPLICATION SPECIFIC INTEGRATED CIRCUIT (ASIC) - PUBLIC/PRIVATE KEY - SEGWIT2X -

in #steem • 6 years ago


PROOF-OF-WORK
a proof of work is a piece of data which is easy for others to verify and which satisfies certain requirements. is difficult (costly, time-consuming) to produce.Source + Source
APPLICATION SPECIFIC INTEGRATED CIRCUIT (ASIC)
it consists of two sequential phases — to activate segwit using bip 91 (making it compatible with the uasf) and then to hard fork the base block size to 2 mb ninety days later. is proposed as a way to end bitcoin’s ‘scaling debate’ and was said to be a compromise between the two sides of the debate — those who want to achieve scaling through segregated witness (segwit) and those who prefer to scale by increasing the block size. also knows as the 'the new york agreement'. Source + Source
PUBLIC/PRIVATE KEY
a chip created for mining data blocks. a specific computer chip which has been created for the sole purpose of. Source + Source
SEGWIT2X
another party can then receive the message and using a key that is only known to that individual or group, decode the message. in cryptography a public key is a cryptographic key that can be utilized by any party to encrypt a message. Source + Source


PROOF-OF-WORK
a proof of work is a piece of data which is easy for others to verify and which satisfies certain requirements. is difficult (costly, time-consuming) to produce.Source + Source
APPLICATION SPECIFIC INTEGRATED CIRCUIT (ASIC)
a chip created for mining data blocks. a specific computer chip which has been created for the sole purpose of. Source + Source
PUBLIC/PRIVATE KEY
another party can then receive the message and using a key that is only known to that individual or group, decode the message. in cryptography a public key is a cryptographic key that can be utilized by any party to encrypt a message. Source + Source
SEGWIT2X
it consists of two sequential phases — to activate segwit using bip 91 (making it compatible with the uasf) and then to hard fork the base block size to 2 mb ninety days later. is proposed as a way to end bitcoin’s ‘scaling debate’ and was said to be a compromise between the two sides of the debate — those who want to achieve scaling through segregated witness (segwit) and those who prefer to scale by increasing the block size. also knows as the 'the new york agreement'. Source + Source

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#blockchain #money #cryptocurrency #bitcoin
6 years ago in #steem by
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     6 years ago 

    @therealwolf 's created platform smartsteem scammed my post this morning (mothersday) that was supposed to be for an Abused Childrens Charity. Dude literally stole from abused children that don't have mothers ... on mothersday.

    https://steemit.com/steemit/@prometheusrisen/beware-of-smartsteem-scam

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