QR CODE - APPLICATION SPECIFIC INTEGRATED CIRCUIT (ASIC) - MEMPOOL - FORK -

realskilled (47)in #steem • 6 years ago


QR CODE	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)	it can also be used to describe a separate cryptocurrency which has been split from the main blockchain, such as namecoin being a “fork” of bitcoin. a split in the blockchain where there are temporarily two different blockchains which miners can work on. (this change is called a “hard fork”.) these can occur if software updates to a bitcoin client are incompatible or if developers decide that changes must be made to the programming of a coin. forks create an alternate version of the blockchain, leaving two blockchains to run simultaneously on different parts of the network. ^{Source + Source}
MEMPOOL	qr codes are similar to barcodes found on physical products in that they are a machine-friendly way to embody a piece of data. a digital representation of a bitcoin public or private key that is easy to scan by digital cameras. ^{Source + Source}
FORK	the unconfirmed transactions stored by a node until they either expire or get included in the main chain. a technical term that refers to a collection of these transactions.^{Source + Source}


QR CODE	qr codes are similar to barcodes found on physical products in that they are a machine-friendly way to embody a piece of data. a digital representation of a bitcoin public or private key that is easy to scan by digital cameras. ^{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}
MEMPOOL	the unconfirmed transactions stored by a node until they either expire or get included in the main chain. a technical term that refers to a collection of these transactions.^{Source + Source}
FORK	it can also be used to describe a separate cryptocurrency which has been split from the main blockchain, such as namecoin being a “fork” of bitcoin. a split in the blockchain where there are temporarily two different blockchains which miners can work on. (this change is called a “hard fork”.) these can occur if software updates to a bitcoin client are incompatible or if developers decide that changes must be made to the programming of a coin. forks create an alternate version of the blockchain, leaving two blockchains to run simultaneously on different parts of the network. ^{Source + Source}

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