TURING COMPLETE - SMART CONTRACTS - EXCHANGE - MINING ALGORITHM -

rssniper (49)in #steem • 6 years ago


TURING COMPLETE	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}
SMART CONTRACTS	smart contracts encode business rules ( that are enforced by the participants of the network) in a programmable language onto the blockchain.^{Source + Source}
EXCHANGE	a place used by sellers and buyers where they can trade bitcoins or other cryptocurrencies.^{Source + Source}
MINING ALGORITHM	an example of this is the ethereum virtual machine (evm). the ability of a machine to perform calculations that any other programmable computer is capable of, is referred by turing complete refers to. ^{Source + Source}


TURING COMPLETE	an example of this is the ethereum virtual machine (evm). the ability of a machine to perform calculations that any other programmable computer is capable of, is referred by turing complete refers to. ^{Source + Source}
SMART CONTRACTS	smart contracts encode business rules ( that are enforced by the participants of the network) in a programmable language onto the blockchain.^{Source + Source}
EXCHANGE	a place used by sellers and buyers where they can trade bitcoins or other cryptocurrencies.^{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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