DAO - NODE - BITCOIN - PRIVATE KEY -

rssniper (49)in #steem • 8 years ago


DAO	a node supports the network through validation and relaying of transactions while receiving a copy of the full blockchain itself. a node is essentially a computer connected to cryptocurrency network. a copy of the ledger operated by a participant of the blockchain network. ^{^{Source + Source}}
NODE	bitcoin is the first decentralised, open source cryptocurrency that runs on a global peer to peer network, without the need for middlemen and a centralised issuer. strictly, bitcoin with a capital “b” refers to the protocol & the network, whilst bitcoin with a lowercase “b” is the currency. bitcoin can refer to the protocol, network or the unit of currency. ^{^{Source + Source}}
BITCOIN	they act as passwords that are kept hidden from anyone but the owner of the address. a private key is a string of data that allows you to access the tokens in a specific wallet. ^{^{Source + Source}}
PRIVATE KEY	also known as “dacs”. a theoretical company that could exist in the cloud and carry out business according to preset algorithms, needing no human management. decentralised autonomous organizations can be thought of as corporations that run without any human intervention and surrender all forms of control to an incorruptible set of business rules. ^{^{Source + Source}}


DAO	also known as “dacs”. a theoretical company that could exist in the cloud and carry out business according to preset algorithms, needing no human management. decentralised autonomous organizations can be thought of as corporations that run without any human intervention and surrender all forms of control to an incorruptible set of business rules. ^{^{Source + Source}}
NODE	a node supports the network through validation and relaying of transactions while receiving a copy of the full blockchain itself. a node is essentially a computer connected to cryptocurrency network. a copy of the ledger operated by a participant of the blockchain network. ^{^{Source + Source}}
BITCOIN	bitcoin is the first decentralised, open source cryptocurrency that runs on a global peer to peer network, without the need for middlemen and a centralised issuer. strictly, bitcoin with a capital “b” refers to the protocol & the network, whilst bitcoin with a lowercase “b” is the currency. bitcoin can refer to the protocol, network or the unit of currency. ^{^{Source + Source}}
PRIVATE KEY	they act as passwords that are kept hidden from anyone but the owner of the address. a private key is a string of data that allows you to access the tokens in a specific wallet. ^{^{Source + Source}}

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