PROOF OF WORK - MEDIUM OF EXCHANGE - FIAT CURRENCY - SHA-256 -


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
MEDIUM OF EXCHANGE
like usd, eur or cny, is any money declared by a government to be to be valid for meeting a financial obligation.Source + Source
FIAT CURRENCY
fiat currencies are the generally accepted mediums of exchange. their most important and essential function is to provide a measure of value. is an intermediary used in trade to avoid the inconveniences of a pure barter system. Source + Source
SHA-256
it uses a lot of computing power and processing time, forcing miners to form mining pools to capture gains. sha-256 is a cryptographic algorithm used by cryptocurrencies such as bitcoin. 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
MEDIUM OF EXCHANGE
fiat currencies are the generally accepted mediums of exchange. their most important and essential function is to provide a measure of value. is an intermediary used in trade to avoid the inconveniences of a pure barter system. Source + Source
FIAT CURRENCY
like usd, eur or cny, is any money declared by a government to be to be valid for meeting a financial obligation.Source + Source
SHA-256
it uses a lot of computing power and processing time, forcing miners to form mining pools to capture gains. sha-256 is a cryptographic algorithm used by cryptocurrencies such as bitcoin. Source + Source

Cryptocurrency News - Top Stories !


Crypto Investor Reportedly Hacked For $2 Mln On Live Stream ... - Cointelegraph

Cointelegraph: Crypto investor and advisor Ian Balina has reportedly been hacked for $2 mln in crypto, but a number of Twitter and Reddit users have suggested foul play.

Nearly half of crypto traders refuse to pay taxes, survey finds - MarketWatch

MarketWatch: Tax day is here, and a significant number of investors have decided not to report gains from digital currency trading. According to a recent survey from TeamBlind, an anonymous social app for tech employees, 46% of people who made money trading ...

Industry Group to Bring 'Order' to Korea's Crypto Exchanges ... - CoinDesk

CoinDesk: Update (08:25, April 17): This article has been amended to include comment from two domestic exchanges. A South Korean blockchain industry organization has proposed a self-regulatory framework to set standards for the cryptocurrency exchange industry ...and more ...

Bytecoin (BCN) Features Among The Top Crypto Gainers This Week - GlobalCoinReport

GlobalCoinReport: With the first quarter of 2018 coming to a close, the future of BCN appears bright. Bytecoin (BCN) has moved past all obstacles to find its way on the top gainer list. With an active crypto community in oriental countries, like Korea, China, and Japan ...and more ...

Pornhub Starts Accepting Verge As Payment, Calls The Move 'Critical' For Crypto Adoption - Cointelegraph

Cointelegraph: Adult entertainment streaming site Pornhub has announced a partnership with cryptocurrency Verge (XVG) and will now accept the coin as payment for Pornhub Premium and all Pornhub purchases, according to a press release published today, April 17 ...

Prosecutors: Options Seller Duped Investors With Worthless Crypto - CoinDesk

CoinDesk: Federal prosecutors say a New York resident misled investors about a worthless cryptocurrency as part of a wider investment fraud scheme. The U.S. ... Office for the Eastern District of New York said Monday that Blake Kantor, also known as Bill ...and more ...

Why the IRS Should Treat Crypto as a New Asset Class - Coindesk

Coindesk: Without clear guidance from the IRS, the resulting non-consensus amongst cryptocurrency tax professionals has led to an environment where it seems even most accountants are hesitant to handle crypto taxes. In fact, the majority of my ... clients are ...


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