CONFIRMATION - COLD STORAGE - DECENTRALIZED - ALTCOINS -

in #steem7 years ago


CONFIRMATION
this is a successful act of where the transaction has hashed and added to the blockchain.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
DECENTRALIZED
means that the currency isn’t issued or regulated by a centralized authority. such as a bank or government. a common term in cryptocurrency.Source + Source
ALTCOINS
these concern all coins that came after the initial release of the famous bitcoin, the first decentralized cryptocurrency. a name coined as the merger of the words bitcoin & alternative. Source + Source


CONFIRMATION
this is a successful act of where the transaction has hashed and added to the blockchain.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
DECENTRALIZED
means that the currency isn’t issued or regulated by a centralized authority. such as a bank or government. a common term in cryptocurrency.Source + Source
ALTCOINS
these concern all coins that came after the initial release of the famous bitcoin, the first decentralized cryptocurrency. a name coined as the merger of the words bitcoin & alternative. Source + Source

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