DETERMINISTIC WALLET - CONSORTIUM BLOCKCHAIN - APPLICATION SPECIFIC INTEGRATED CIRCUIT (ASIC) - LITECOIN -

realskilled (47)in #steem • 6 years ago


DETERMINISTIC WALLET	this seed is all that is needed to restore a wallet if it is lost and can allow the creation of public addresses without the knowledge of the private key. a wallet based on a system of deriving multiple keys from a single starting point known as a seed. ^{Source + Source}
CONSORTIUM BLOCKCHAIN	a chip created for mining data blocks. a specific computer chip which has been created for the sole purpose of. ^{Source + Source}
APPLICATION SPECIFIC INTEGRATED CIRCUIT (ASIC)	e.g: a consortium of 15 financial institutions. a blockchain where the consensus process is controlled by a pre-selected set of nodes. ^{Source + Source}
LITECOIN	sometimes referred to as the silver of bitcoin’s gold. it's a peer-to-peer cryptocurrency based on the scrypt proof-of-work network. ^{Source + Source}


DETERMINISTIC WALLET	this seed is all that is needed to restore a wallet if it is lost and can allow the creation of public addresses without the knowledge of the private key. a wallet based on a system of deriving multiple keys from a single starting point known as a seed. ^{Source + Source}
CONSORTIUM BLOCKCHAIN	e.g: a consortium of 15 financial institutions. a blockchain where the consensus process is controlled by a pre-selected set of nodes. ^{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}
LITECOIN	sometimes referred to as the silver of bitcoin’s gold. it's a peer-to-peer cryptocurrency based on the scrypt proof-of-work network. ^{Source + Source}

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