TURING COMPLETE - SCRYPT - SOFT FORK


TURING COMPLETE	compared to sha256, this is quicker as it does not use up as much processing time. scrypt is a type of cryptographic algorithm and is used by litecoin. ^{Source + Source}
SCRYPT	the more ‘work’ you do or the more computational power you provide, the more coins you are rewarded with. a consensus distribution algorithm that requires an active role in mining data blocks, often consuming resources, such as electricity. ^{Source + Source}
SOFT FORK	an example of this is the ethereum virtual machine (evm). the ability of a machine to perform calculations that any other programmable computer is capable of, is referred by turing complete refers to. ^{Source + Source}
PROOF OF WORK	this type of fork requires most miners upgrading in order to enforce, while a hard fork requires all nodes to agree on the new version. since old nodes recognize the new blocks as valid, a soft fork is essentially backward-compatible. a soft fork differs from a hard fork in that only previously valid transactions are made invalid. ^{Source + Source}


TURING COMPLETE	an example of this is the ethereum virtual machine (evm). the ability of a machine to perform calculations that any other programmable computer is capable of, is referred by turing complete refers to. ^{Source + Source}
SCRYPT	compared to sha256, this is quicker as it does not use up as much processing time. scrypt is a type of cryptographic algorithm and is used by litecoin. ^{Source + Source}
SOFT FORK	this type of fork requires most miners upgrading in order to enforce, while a hard fork requires all nodes to agree on the new version. since old nodes recognize the new blocks as valid, a soft fork is essentially backward-compatible. a soft fork differs from a hard fork in that only previously valid transactions are made invalid. ^{Source + Source}
PROOF OF WORK	the more ‘work’ you do or the more computational power you provide, the more coins you are rewarded with. a consensus distribution algorithm that requires an active role in mining data blocks, often consuming resources, such as electricity. ^{Source + Source}

Cryptocurrency News - Top Stories !

IDG Backs Crypto Wallet imToken with $10 Million Investment ... - CoinDesk

CoinDesk: China-based cryptocurrency wallet imToken announced Thursday that it has closed a $10 million Series A round fully funded by venture capital firm IDG Capital.and more ...

Crypto Wallet That Lured $35 Billion in a Year Wins IDG Backing - Bloomberg

Bloomberg: ... decision to support Ethereum came in 2016, a year before its blockchain became the main tool for crypto startups raising money through initial coin offerings. Since then, the number of the so-called ERC-20 tokens tracked by Etherscan.io has surged ...

Japanese Gov't-Licensed Crypto Exchange Acquired By International Investor for $50 Mln - Cointelegraph

Cointelegraph: Japanese crypto exchange BitTrade has been acquired for S$67 mln ($50 mln) by a Singaporean multi-millionaire and entrepreneur, Asia One reported yesterday, May 30. The acquisition will see Mr. Eric Cheng take a 100 percent stake in BitTrade Co., Ltd, ...

Crypto Payment Gateway to Help Start-ups Increase Adoption of Custom-made Tokens - Cointelegraph

Cointelegraph: The feature also means customers who have invested in new tokens could be able to use them on relevant platforms far faster than before – and spend their crypto with physical merchants and e-commerce stores which accept CoinPayments as a payment ...

Tenth Largest Crypto TRON to Leave Ethereum, Launches Beta ... - Cointelegraph

Cointelegraph: TRON has launched a beta version of its independent MainNet, beginning the ... transition away from the Ethereum blockchain.

Low Capitalization, Institutional Exposure Make Crypto Low Risk ... - Cointelegraph

Cointelegraph: The CPB Netherlands Bureau for Economic Policy Analysis says crypto poses a low risk to financial stability, cites low trade volumes as reason.and more ...

Mary Meeker's 2018 Internet Trends Report Shows Interest in Crypto 'Exploding' - Cointelegraph

Cointelegraph: Cryptocurrency and blockchain courses are in existence all over the world, with a Brazilian university launching its first crypto-finance ... degree in April and an Australian public research university announcing a new course on blockchain this ...

Latest posts from our Team !

^{^{^{[ Note for @steemcleaners / @cheetah ] The agreement of our Team: The following authors decided to create a Team in order to collaborate and share formats, content, and profits. Any copy of content between this Team does not constitute a plagiarism: @rssniper @megan.brown @rstracer @rspower @ali.wood @realskilled @matthew.davis}}}

TURING COMPLETE - SCRYPT - SOFT FORK - PROOF OF WORK -