SATOSHI - MIXING SERVICE - CROWDSOURCING - SIDECHAIN - KYC - IPFS - PROOF OF STAKE - BLOCK EXPLORER - MARGIN CALL - WALLET -

in #steem6 years ago


SATOSHI an exchange will issue a margin call when it feels that a trader does not have sufficient funds to cover a leveraged trading position. the act of calling in a margin requirement.
MIXING SERVICE there are 100 million satoshis in a single bitcoin. the smallest unit of bitcoin possible.
CROWDSOURCING it is a peer-to-peer distributed file system that seeks to connect all computing devices with the same system of files. the interplanetary file system (ipfs) is a hypermedia distribution protocol, addressed by content and identities.
SIDECHAIN they provide useful information such as network hash rate and transaction growth. block explorer is an online tool to view all transactions, past and current, on the blockchain.
KYC it usually contains a software client which allows access to view and create transactions on a specific blockchain that the wallet is designed for. a file that houses private keys.
IPFS this is usually done online via websites where people can donate. the pooling of resources such as information or money contributed by the general population, to a goal.
PROOF OF STAKE know your client/customer rules force financial institutions, in order ensuring that they are legitimate, to vet the people they are doing business with.
BLOCK EXPLORER these can have their own unique features and can have bitcoins sent to and from them. these are theoretical, independent blockchains which are “two way pegged” to the bitcoin blockchain.
MARGIN CALL the more you invest in the coin, the more you gain by mining with this protocol. a consensus distribution algorithm that rewards earnings based on the number of coins you own or hold.
WALLET it has the potential to be used for money laundering. a mixing service (also known as a tumbler) preserves your privacy because it stops people tracing a particular bitcoin to you. a service that mixes your bitcoins with someone else’s, sending you back bitcoins with different inputs and outputs from the ones that you sent to it.
Source + Source


SATOSHI there are 100 million satoshis in a single bitcoin. the smallest unit of bitcoin possible.
MIXING SERVICE it has the potential to be used for money laundering. a mixing service (also known as a tumbler) preserves your privacy because it stops people tracing a particular bitcoin to you. a service that mixes your bitcoins with someone else’s, sending you back bitcoins with different inputs and outputs from the ones that you sent to it.
CROWDSOURCING this is usually done online via websites where people can donate. the pooling of resources such as information or money contributed by the general population, to a goal.
SIDECHAIN these can have their own unique features and can have bitcoins sent to and from them. these are theoretical, independent blockchains which are “two way pegged” to the bitcoin blockchain.
KYC know your client/customer rules force financial institutions, in order ensuring that they are legitimate, to vet the people they are doing business with.
IPFS it is a peer-to-peer distributed file system that seeks to connect all computing devices with the same system of files. the interplanetary file system (ipfs) is a hypermedia distribution protocol, addressed by content and identities.
PROOF OF STAKE the more you invest in the coin, the more you gain by mining with this protocol. a consensus distribution algorithm that rewards earnings based on the number of coins you own or hold.
BLOCK EXPLORER they provide useful information such as network hash rate and transaction growth. block explorer is an online tool to view all transactions, past and current, on the blockchain.
MARGIN CALL an exchange will issue a margin call when it feels that a trader does not have sufficient funds to cover a leveraged trading position. the act of calling in a margin requirement.
WALLET it usually contains a software client which allows access to view and create transactions on a specific blockchain that the wallet is designed for. a file that houses private keys.
Source + Source

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