EXCHANGE - PROOF-OF-WORK - PUBLIC ADDRESS - CONSENSUS -

rstracer (48)in #steem • 6 years ago


EXCHANGE	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}
PROOF-OF-WORK	a place used by sellers and buyers where they can trade bitcoins or other cryptocurrencies.^{Source + Source}
PUBLIC ADDRESS	unlike private keys, they act as email addresses that can be published anywhere. a public address is the cryptographic hash of a public key. ^{Source + Source}
CONSENSUS	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}


EXCHANGE	a place used by sellers and buyers where they can trade bitcoins or other cryptocurrencies.^{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}
PUBLIC ADDRESS	unlike private keys, they act as email addresses that can be published anywhere. a public address is the cryptographic hash of a public key. ^{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}

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