DAPP - APPLICATION SPECIFIC INTEGRATED CIRCUIT (ASIC) - PROOF-OF-WORK - LIGHTNING NETWORK -

in #steem • 7 years ago


DAPP
a proof of work is a piece of data which is easy for others to verify and which satisfies certain requirements. is difficult (costly, time-consuming) to produce.Source + Source
APPLICATION SPECIFIC INTEGRATED CIRCUIT (ASIC)
this protocol tries to solve the bitcoin scalability problem. the lightning network will allow bitcoin transactions to happen instantly, without worrying about block confirmation times. it's a decentralized network using smart contract functionality on the blockchain to enable instant payments across a network of participants. Source + Source
PROOF-OF-WORK
an application that operates autonomously, has its data stored on a blockchain, incentivized in the form of cryptographic tokens and operates on a protocol that shows proof of value. is a decentralised application that is open source. Source + Source
LIGHTNING NETWORK
a chip created for mining data blocks. a specific computer chip which has been created for the sole purpose of. Source + Source


DAPP
an application that operates autonomously, has its data stored on a blockchain, incentivized in the form of cryptographic tokens and operates on a protocol that shows proof of value. is a decentralised application that is open source. Source + Source
APPLICATION SPECIFIC INTEGRATED CIRCUIT (ASIC)
a chip created for mining data blocks. a specific computer chip which has been created for the sole purpose of. Source + Source
PROOF-OF-WORK
a proof of work is a piece of data which is easy for others to verify and which satisfies certain requirements. is difficult (costly, time-consuming) to produce.Source + Source
LIGHTNING NETWORK
this protocol tries to solve the bitcoin scalability problem. the lightning network will allow bitcoin transactions to happen instantly, without worrying about block confirmation times. it's a decentralized network using smart contract functionality on the blockchain to enable instant payments across a network of participants. Source + Source

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     7 years ago 

    Very inspirational. We are not a product of our circumstances. Rather, we are products of our decisions.

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     7 years ago 

    @cryptoindex self votes are being countered by @sadkitten for 1 week starting Thursday, June 28th 2018, 3:57 because they are one of the highest self voters of the previous week. For more details see this post.

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