CRYPTOGRAPHY - LIGHTNING NETWORK - DOGECOIN - PROOF- OF- STAKE (POS) -

realskilled (47)in #steem • 6 years ago


CRYPTOGRAPHY	it is more probable that an asteroid falls on your house than that a bitcoin address is compromised. cryptocurrencies are not secured by people or by trust, but by math. cryptocurrencies are built on cryptography. is the practice and study of techniques for secure communication in the presence of third parties called adversaries.^{Source + Source}
LIGHTNING NETWORK	this protocol tries to solve the bitcoin scalability problem. the lightning network will allow bitcoin transactions to happen instantly, without worrying about block confirmation times. it's a decentralized network using smart contract functionality on the blockchain to enable instant payments across a network of participants. ^{Source + Source}
DOGECOIN	gained a broad international following and quickly grew to have a multi-million dollar market capitalization. features a japanese fighting dog as its mascot. an altcoin first started as a joke in late 2013. ^{Source + Source}
PROOF- OF- STAKE (POS)	the more bitcoin or altcoin owned by a miner, the more mining power he or she has. concept states that a person can mine or validate block transactions according to how many coins he or she holds. ^{Source + Source}


CRYPTOGRAPHY	it is more probable that an asteroid falls on your house than that a bitcoin address is compromised. cryptocurrencies are not secured by people or by trust, but by math. cryptocurrencies are built on cryptography. is the practice and study of techniques for secure communication in the presence of third parties called adversaries.^{Source + Source}
LIGHTNING NETWORK	this protocol tries to solve the bitcoin scalability problem. the lightning network will allow bitcoin transactions to happen instantly, without worrying about block confirmation times. it's a decentralized network using smart contract functionality on the blockchain to enable instant payments across a network of participants. ^{Source + Source}
DOGECOIN	gained a broad international following and quickly grew to have a multi-million dollar market capitalization. features a japanese fighting dog as its mascot. an altcoin first started as a joke in late 2013. ^{Source + Source}
PROOF- OF- STAKE (POS)	the more bitcoin or altcoin owned by a miner, the more mining power he or she has. concept states that a person can mine or validate block transactions according to how many coins he or she holds. ^{Source + Source}

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