DISTRIBUTED DENIAL OF SERVICE (DDOS) - LIGHTNING NETWORK - COLD STORAGE - BITCOIN - KYC - QR CODE - SOLIDITY - LIGHT NODE - INITIAL COIN OFFERING (ICO) - MINING POOL -

rstracer (48)in #steem • 6 years ago

DISTRIBUTED DENIAL OF SERVICE (DDOS) a way to allows the rewards to be distributed more consistently between participants in the pool. a group of miners who have decided to combine their computing power for mining.
LIGHTNING NETWORK a computer on a blockchain network that (making use of the simplified payment verification (spv) mode), only verifies a limited number of transactions relevant to its dealings.
COLD STORAGE 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.
BITCOIN qr codes are similar to barcodes found on physical products in that they are a machine-friendly way to embody a piece of data. a digital representation of a bitcoin public or private key that is easy to scan by digital cameras.
KYC these wallets are known as “cold wallets”. this could be in the form of a hardware wallet, usb stick or a paper wallet. the safest way to store your private keys is by keeping them offline in “cold storage”.
QR CODE 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.
SOLIDITY know your client/customer rules force financial institutions, in order ensuring that they are legitimate, to vet the people they are doing business with.
LIGHT NODE its syntax is similar to that of javascript, and it is intended to compile into bytecode for the ethereum virtual machine(evm). solidity is ethereum’s programming language for developing smart contracts.
INITIAL COIN OFFERING (ICO) happens when someone offers (in exchange against cryptocurrencies like bitcoin or ethereum) investors some units of a new cryptocurrency or crypto-token.
MINING POOL often this comes with a severe attack on the network, creating an army of ‘zombie’ computers who simultaneously flood a targeted website or network with requests. can cause a sustained downtime on said network or even make them crash completely. a very dangerous threat for cryptocurrency users.
Source + Source


DISTRIBUTED DENIAL OF SERVICE (DDOS)	a way to allows the rewards to be distributed more consistently between participants in the pool. a group of miners who have decided to combine their computing power for mining.
LIGHTNING NETWORK	a computer on a blockchain network that (making use of the simplified payment verification (spv) mode), only verifies a limited number of transactions relevant to its dealings.
COLD STORAGE	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.
BITCOIN	qr codes are similar to barcodes found on physical products in that they are a machine-friendly way to embody a piece of data. a digital representation of a bitcoin public or private key that is easy to scan by digital cameras.
KYC	these wallets are known as “cold wallets”. this could be in the form of a hardware wallet, usb stick or a paper wallet. the safest way to store your private keys is by keeping them offline in “cold storage”.
QR CODE	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.
SOLIDITY	know your client/customer rules force financial institutions, in order ensuring that they are legitimate, to vet the people they are doing business with.
LIGHT NODE	its syntax is similar to that of javascript, and it is intended to compile into bytecode for the ethereum virtual machine(evm). solidity is ethereum’s programming language for developing smart contracts.
INITIAL COIN OFFERING (ICO)	happens when someone offers (in exchange against cryptocurrencies like bitcoin or ethereum) investors some units of a new cryptocurrency or crypto-token.
MINING POOL	often this comes with a severe attack on the network, creating an army of ‘zombie’ computers who simultaneously flood a targeted website or network with requests. can cause a sustained downtime on said network or even make them crash completely. a very dangerous threat for cryptocurrency users.

DISTRIBUTED DENIAL OF SERVICE (DDOS) often this comes with a severe attack on the network, creating an army of ‘zombie’ computers who simultaneously flood a targeted website or network with requests. can cause a sustained downtime on said network or even make them crash completely. a very dangerous threat for cryptocurrency users.
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.
COLD STORAGE these wallets are known as “cold wallets”. this could be in the form of a hardware wallet, usb stick or a paper wallet. the safest way to store your private keys is by keeping them offline in “cold storage”.
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.
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.
QR CODE qr codes are similar to barcodes found on physical products in that they are a machine-friendly way to embody a piece of data. a digital representation of a bitcoin public or private key that is easy to scan by digital cameras.
SOLIDITY its syntax is similar to that of javascript, and it is intended to compile into bytecode for the ethereum virtual machine(evm). solidity is ethereum’s programming language for developing smart contracts.
LIGHT NODE a computer on a blockchain network that (making use of the simplified payment verification (spv) mode), only verifies a limited number of transactions relevant to its dealings.
INITIAL COIN OFFERING (ICO) happens when someone offers (in exchange against cryptocurrencies like bitcoin or ethereum) investors some units of a new cryptocurrency or crypto-token.
MINING POOL a way to allows the rewards to be distributed more consistently between participants in the pool. a group of miners who have decided to combine their computing power for mining.
Source + Source


DISTRIBUTED DENIAL OF SERVICE (DDOS)	often this comes with a severe attack on the network, creating an army of ‘zombie’ computers who simultaneously flood a targeted website or network with requests. can cause a sustained downtime on said network or even make them crash completely. a very dangerous threat for cryptocurrency users.
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.
COLD STORAGE	these wallets are known as “cold wallets”. this could be in the form of a hardware wallet, usb stick or a paper wallet. the safest way to store your private keys is by keeping them offline in “cold storage”.
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.
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.
QR CODE	qr codes are similar to barcodes found on physical products in that they are a machine-friendly way to embody a piece of data. a digital representation of a bitcoin public or private key that is easy to scan by digital cameras.
SOLIDITY	its syntax is similar to that of javascript, and it is intended to compile into bytecode for the ethereum virtual machine(evm). solidity is ethereum’s programming language for developing smart contracts.
LIGHT NODE	a computer on a blockchain network that (making use of the simplified payment verification (spv) mode), only verifies a limited number of transactions relevant to its dealings.
INITIAL COIN OFFERING (ICO)	happens when someone offers (in exchange against cryptocurrencies like bitcoin or ethereum) investors some units of a new cryptocurrency or crypto-token.
MINING POOL	a way to allows the rewards to be distributed more consistently between participants in the pool. a group of miners who have decided to combine their computing power for mining.

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