ETHER - ASYMMETRIC KEY ALGORITHM - DOUBLE SPENDING - SEGWIT2X -

rspower (48)in #steem • 6 years ago


ETHER	this causes coins spent that are already spent somewhere else, making one of the receivers end up with nothing. a common flaw in some cryptocurrency blockchains where the system of rules is not in motion properly, allowing malicious users to try and spend their unique codes in multiple places. ^{Source + Source}
ASYMMETRIC KEY ALGORITHM	public and private keys are needed to support cryptocurrency transactions. both sender and receiver have this key, and can send secure information. the algorithm used to generate public and private keys. ^{Source + Source}
DOUBLE SPENDING	ethereum blockchain is used to pay for transaction fees, miner rewards and other services on the network and this is the native token of the ethereum blockchain. ^{Source + Source}
SEGWIT2X	it consists of two sequential phases — to activate segwit using bip 91 (making it compatible with the uasf) and then to hard fork the base block size to 2 mb ninety days later. is proposed as a way to end bitcoin’s ‘scaling debate’ and was said to be a compromise between the two sides of the debate — those who want to achieve scaling through segregated witness (segwit) and those who prefer to scale by increasing the block size. also knows as the 'the new york agreement'. ^{Source + Source}


ETHER	ethereum blockchain is used to pay for transaction fees, miner rewards and other services on the network and this is the native token of the ethereum blockchain. ^{Source + Source}
ASYMMETRIC KEY ALGORITHM	public and private keys are needed to support cryptocurrency transactions. both sender and receiver have this key, and can send secure information. the algorithm used to generate public and private keys. ^{Source + Source}
DOUBLE SPENDING	this causes coins spent that are already spent somewhere else, making one of the receivers end up with nothing. a common flaw in some cryptocurrency blockchains where the system of rules is not in motion properly, allowing malicious users to try and spend their unique codes in multiple places. ^{Source + Source}
SEGWIT2X	it consists of two sequential phases — to activate segwit using bip 91 (making it compatible with the uasf) and then to hard fork the base block size to 2 mb ninety days later. is proposed as a way to end bitcoin’s ‘scaling debate’ and was said to be a compromise between the two sides of the debate — those who want to achieve scaling through segregated witness (segwit) and those who prefer to scale by increasing the block size. also knows as the 'the new york agreement'. ^{Source + Source}

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