SATOSHI - LIGHT NODE - ETHEREUM - PROOF- OF- STAKE (POS) -

megan.brown (48)in #bitcoin • 7 years ago


SATOSHI	there are 100 million satoshis in a single bitcoin. the smallest unit of bitcoin possible. ^{^{Source + Source}}
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. ^{^{Source + Source}}
ETHEREUM	the more bitcoin or altcoin owned by a miner, the more mining power he or she has. concept states that a person can mine or validate block transactions according to how many coins he or she holds. ^{^{Source + Source}}
PROOF- OF- STAKE (POS)	is aimed at solving issues associated with censorship, fraud and third-party interference. ethereum is a blockchain-based decentralised platform for apps that run smart contracts. ^{^{Source + Source}}


SATOSHI	there are 100 million satoshis in a single bitcoin. the smallest unit of bitcoin possible. ^{^{Source + Source}}
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. ^{^{Source + Source}}
ETHEREUM	is aimed at solving issues associated with censorship, fraud and third-party interference. ethereum is a blockchain-based decentralised platform for apps that run smart contracts. ^{^{Source + Source}}
PROOF- OF- STAKE (POS)	the more bitcoin or altcoin owned by a miner, the more mining power he or she has. concept states that a person can mine or validate block transactions according to how many coins he or she holds. ^{^{Source + Source}}

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