CONSENSUS - SMART CONTRACT - MINER


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}
SMART CONTRACT	multi-signature addresses provide (by requiring more than one key to authorize a transaction) an added layer of security.^{Source + Source}
MINER	a smart contract can be used to define certain computational benchmarks or barriers that have to be met in turn for money or data to be deposited or even be used to verify things such as land rights. once signed it can never be altered. a two way smart contract is an unalterable agreement stored on the blockchain that has specific logic operations akin to a real world contract. ^{Source + Source}
MULTI-SIGNATURE	a cryptocurrency needs some kind of mechanism to prevent one ruling party from abusing it. a miner has the right to add a so-called coinbase transaction that gives him a specific number of bitcoins. a miner can build a block and add it to the blockchain. ^{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}
SMART CONTRACT	a smart contract can be used to define certain computational benchmarks or barriers that have to be met in turn for money or data to be deposited or even be used to verify things such as land rights. once signed it can never be altered. a two way smart contract is an unalterable agreement stored on the blockchain that has specific logic operations akin to a real world contract. ^{Source + Source}
MINER	a cryptocurrency needs some kind of mechanism to prevent one ruling party from abusing it. a miner has the right to add a so-called coinbase transaction that gives him a specific number of bitcoins. a miner can build a block and add it to the blockchain. ^{Source + Source}
MULTI-SIGNATURE	multi-signature addresses provide (by requiring more than one key to authorize a transaction) an added layer of security.^{Source + Source}

Cryptocurrency News - Top Stories !

Crypto Market Rebounds, Bithumb Drives Kimchi Premium Up 50% - CCN

CCN: Bithumb, formerly the biggest crypto exchange in South Korea, has driven the Kimchi Premium up 30 percent on major tokens, inflating the price of cryptocurrencies. Bithumb, the Bad Actor. On June 20, as CCN reported, Bithumb was hacked for $40 million.and more ...

Bitcoin believers are flocking to a sympathetic SEC commissioner's Twitter account - Quartz

Quartz: Crypto Twitter is rallying behind a sympathetic watchdog at the US Securities and Exchange Commission: Not long after commissioner Hester Peirce dissented from the ... rejection of a bitcoin exchange-traded fund, her count of Twitter followers ...

Left, Right and Center: Crypto Isn't Just for Libertarians Anymore - CoinDesk

CoinDesk: While some say crypto is apolitical, others argue a technology that takes direct aim at central bank-driven monetary policy ... be anything otherwise. Indeed, many early adopters were drawn to ... revolutionary potential and there has long been ...

Google Bans All Crypto Mining Apps from Play Store - Cryptovest

Cryptovest: A variety of incidents have been reported regarding crypto mining malware infecting Android devices; seemingly harmless apps containing mining scripts such as Coinhive ... phones by surreptitiously mining cryptocurrencies in the background, ...

Google no longer welcomes crypto-miners on the Play Store - Engadget

Engadget: One of the changes Android Police has spotted is the addition of a cryptocurrencies section, wherein the tech giant states that crypto-miners are no longer allowed on its app marketplace. Applications that can manage crypto-miners are A-OK, but miners ...

Google Shuts Down Rumor Mill Over Its Crypto Ban - Cryptovest

Cryptovest: Google is making a lot of headline news in the crypto space as of late, and ... at least one area that deserves particular attention. It entails ... AdWords, which, as of this week, is called Google Ads. Since this name change, reports are ...and more ...

What Volatility? How Facebook's Historic Loss Became Crypto's Gain - CoinDesk

CoinDesk: Interestingly, as many can still recall the feud between ... CEO Mark Zuckerberg and the Winklevoss brothers from the award-winning movie The Social Network, members in the crypto community also gave a shout-out to Cameron and Tyler ...

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CONSENSUS - SMART CONTRACT - MINER - MULTI-SIGNATURE -