PAPER WALLET - HASH - ORACLES - BIP -

in #steem6 years ago


PAPER WALLET
this is a random and complex mathematical formula used in the verification of blocks of transaction data in the process known as mining. this is used for confirming coin transactions. the act of performing a hash function on the output data. Source + Source
HASH
can be submitted by anyone who wants to improve the bitcoin network. an acronym for “bitcoin improvement proposals”. Source + Source
ORACLES
all traces of the key are removed from the computer where it was generated. a form of cold storage where a private key for bitcoin address is printed on a piece of paper (with or without encryption). Source + Source
BIP
oracles work (by providing data to the smart contracts) as a bridge between the real world and the blockchain.Source + Source


PAPER WALLET
all traces of the key are removed from the computer where it was generated. a form of cold storage where a private key for bitcoin address is printed on a piece of paper (with or without encryption). Source + Source
HASH
this is a random and complex mathematical formula used in the verification of blocks of transaction data in the process known as mining. this is used for confirming coin transactions. the act of performing a hash function on the output data. Source + Source
ORACLES
oracles work (by providing data to the smart contracts) as a bridge between the real world and the blockchain.Source + Source
BIP
can be submitted by anyone who wants to improve the bitcoin network. an acronym for “bitcoin improvement proposals”. Source + Source

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