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RECORDING A BITCOIN TRANSACTION ON THE BLOCKCHAIN
access_time 2022-07-03T07:13:55.311Z face 3.0 University
RECORDNG BITCOIN TRANSACTIONS The message is digital and the transaction reference number is unique In the usual form of payment systems, we often have a network of banks that execute the transaction for us. A peer-to-peer system means that the payment can be conducted between two friends on the ne...
LIGHTNING NETWORK — SOLVE THE SCABILITY ISSUE
access_time 2022-07-03T06:26:37.911Z face 3.0 University
LIGHTNING NETWORK — SOLVE THE SCABILITY ISSUE To solve the scalability issue the Bitcoin community has found a solution — Lightning Network Bitcoin blockchain processes fewer transactions per second (tps) compared to Visa, Solana, Ethereum, Polkdot, MasterCard. While Visa process 5200 tps and is eq...
MINING YOUR COINS
access_time 2022-06-23T00:44:37.256Z face 3.0 University
MINING YOUR COINS In the cryptosphere, a miner does not go dig a hole in the earth and get out ore So everybody knows what cryptocurrencies are. But then the question arises where do they originate. Where do they come from?? They are mined out of the system. In the cryptosphere, a miner does not go...
STORE ALL YOUR COINS — THE MONEYBAGS
access_time 2022-06-23T00:17:49.963Z face 3.0 University
THE MONEYBAGS Cryptocurrency wallet holds your crypto fortune for you The cryptocurrency wallet is perhaps the most important component of your cryptocurrency journey and experience. It is therefore extremely important that you choose one with prudence and protect the same adequately. A wallet soun...
THE ORACLE BRIDGE
access_time 2022-06-21T16:06:44.913Z face 3.0 University
THE ORACLE BRIDGE They act as a gateway to the external world The term oracle originated from the Greeks, and it refers to someone who has mystical abilities to look into past, present, future and has answers to all questions of time and beyond. Smart contracts are purposely isolated from the outsi...