SATOSHI - DISTRIBUTED DENIAL OF SERVICE (DDOS) - SOLIDITY - LIGHTNING NETWORK - DISTRIBUTED NETWORK - SEGWIT (SEGREGATED WITNESS) - PEER-TO-PEER NETWORK (P2P) - ALTCOINS - DOGECOIN - PROOF-OF-WORK -

in #steem6 years ago


SATOSHI 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) specifically, it also removes transaction malleability, an issue that once resolved could lead to a number of network improvements. an optimization proposed by bitcoin core developer pieter wuille at the end of 2015, segwit increases the volume of transactions that fit into each block without raising the block size parameter.
SOLIDITY these concern all coins that came after the initial release of the famous bitcoin, the first decentralized cryptocurrency. a name coined as the merger of the words bitcoin & alternative.
LIGHTNING NETWORK rather than having a centralised data centre, a type of network where processing power and data are spread over the nodes.
DISTRIBUTED NETWORK there are 100 million satoshis in a single bitcoin. the smallest unit of bitcoin possible.
SEGWIT (SEGREGATED WITNESS) these networks can become massive, allowing for things like file-sharing or cryptocurrency. any computer network where two or more computers are connected and share resources without going through a separate server.
PEER-TO-PEER NETWORK (P2P) gained a broad international following and quickly grew to have a multi-million dollar market capitalization. features a japanese fighting dog as its mascot. an altcoin first started as a joke in late 2013.
ALTCOINS 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.
DOGECOIN 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.
PROOF-OF-WORK 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


SATOSHI there are 100 million satoshis in a single bitcoin. the smallest unit of bitcoin possible.
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.
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.
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.
DISTRIBUTED NETWORK rather than having a centralised data centre, a type of network where processing power and data are spread over the nodes.
SEGWIT (SEGREGATED WITNESS) specifically, it also removes transaction malleability, an issue that once resolved could lead to a number of network improvements. an optimization proposed by bitcoin core developer pieter wuille at the end of 2015, segwit increases the volume of transactions that fit into each block without raising the block size parameter.
PEER-TO-PEER NETWORK (P2P) these networks can become massive, allowing for things like file-sharing or cryptocurrency. any computer network where two or more computers are connected and share resources without going through a separate server.
ALTCOINS these concern all coins that came after the initial release of the famous bitcoin, the first decentralized cryptocurrency. a name coined as the merger of the words bitcoin & alternative.
DOGECOIN gained a broad international following and quickly grew to have a multi-million dollar market capitalization. features a japanese fighting dog as its mascot. an altcoin first started as a joke in late 2013.
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

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