LEVERAGE - CONSENSUS - PEER TO PEER - MINING ALGORITHM -

in #steem • 6 years ago


LEVERAGE
leverage is also known as a margin requirement. by giving leverage to a trader, the trading exchange is effectively lending them money, in the hope that it will earn back more than it loaned in commission. in foreign or cryptocurrency trading, leverage multiplies the real funds in your account by a given factor, enabling you to make trades that result in significant profit. Source + Source
CONSENSUS
participants of a p2p network deal directly with each other through a single mediation point. peer to peer (p2p) refers to the decentralized interactions between two parties or more in a highly-interconnected network. Source + Source
PEER TO PEER
bitcoin’s mining algorithm is sha256, whilst litecoin & dogecoin’s are scrypt. the algorithm used by a cryptocurrency to sign transactions, these vary across different cryptocurrencies. Source + Source
MINING ALGORITHM
the consensus is achieved by ensuring that the ledgers are exact copies of each other and all participants of the network agree on the validity of the transactions. Source + Source


LEVERAGE
leverage is also known as a margin requirement. by giving leverage to a trader, the trading exchange is effectively lending them money, in the hope that it will earn back more than it loaned in commission. in foreign or cryptocurrency trading, leverage multiplies the real funds in your account by a given factor, enabling you to make trades that result in significant profit. Source + Source
CONSENSUS
the consensus is achieved by ensuring that the ledgers are exact copies of each other and all participants of the network agree on the validity of the transactions. Source + Source
PEER TO PEER
participants of a p2p network deal directly with each other through a single mediation point. peer to peer (p2p) refers to the decentralized interactions between two parties or more in a highly-interconnected network. Source + Source
MINING ALGORITHM
bitcoin’s mining algorithm is sha256, whilst litecoin & dogecoin’s are scrypt. the algorithm used by a cryptocurrency to sign transactions, these vary across different cryptocurrencies. Source + Source

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6 years ago in #steem by
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