Related Posts:

• Counterparty.ioCounterparty.io is an open source protocol that allows users to create digital tokens, write Smart Contracts, and execute them on the Bitcoin blockchain. Visit Counterparty.io Counterparty.ioCounterparty.io is an open source protocol that allows users to create digital tokens, write Smart Contracts, and execute them on the Bitcoin blockchain. Visit Counterparty.io is an open source protocol that allows users to…
• Decentralized protocolA distributed hash table is akin to a dictionary service within a distributed network. Every node in the network is identified by a randomly chosen ID. Every value stored on the network is identified by a randomly distributed key. Every node has partial knowledge of the network by maintaining a ... More The basic principal of a decentralized protocol is based on the…
• Block RewardA blockchain is a type of distributed ledger that holds a permanent record of all transactions. The transactions are recorded onto a ledger. A copy of the ledger is updated on each node, or oracle, via the client application designed for that particular chain. Public chains, like Ethereum and Bitcoi... More The reward given to a miner which has successfully hashed…
• ConfirmationA chain of custody refers to documentation or paper trail, in order of time, which shows the seizure, custody, control, transfer, analysis, and disposition of evidence. A confirmationA chain of custody refers to documentation or paper trail, in order of time, which shows the seizure, custody, control, transfer, analysis, and disposition of evidence. means that the blockchainA Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors. transaction has been verified…
• Double SpendA counterparty is the other party that participates in a financial transaction. Double spendA counterparty is the other party that participates in a financial transaction. refers to a scenario where someone tries to…
• Transaction FeeA collection of transactions on a network. The collection is gathered into a block that can then be hashed and added to the blockchain. A fee imposed on some transactions sent across the network…