PROOF-OF-WORK - FORK - PROOF OF WORK


PROOF-OF-WORK	it can also be used to describe a separate cryptocurrency which has been split from the main blockchain, such as namecoin being a “fork” of bitcoin. a split in the blockchain where there are temporarily two different blockchains which miners can work on. (this change is called a “hard fork”.) these can occur if software updates to a bitcoin client are incompatible or if developers decide that changes must be made to the programming of a coin. forks create an alternate version of the blockchain, leaving two blockchains to run simultaneously on different parts of the network. ^{^{Source + Source}}
FORK	often compared to gpus, asics are specially made for mining and may offer significant power savings. short form for ‘application specific integrated circuit’. ^{^{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}}
ASIC	a proof of work is a piece of data which is easy for others to verify and which satisfies certain requirements. is difficult (costly, time-consuming) to produce.^{^{Source + Source}}


PROOF-OF-WORK	a proof of work is a piece of data which is easy for others to verify and which satisfies certain requirements. is difficult (costly, time-consuming) to produce.^{^{Source + Source}}
FORK	it can also be used to describe a separate cryptocurrency which has been split from the main blockchain, such as namecoin being a “fork” of bitcoin. a split in the blockchain where there are temporarily two different blockchains which miners can work on. (this change is called a “hard fork”.) these can occur if software updates to a bitcoin client are incompatible or if developers decide that changes must be made to the programming of a coin. forks create an alternate version of the blockchain, leaving two blockchains to run simultaneously on different parts of the network. ^{^{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}}
ASIC	often compared to gpus, asics are specially made for mining and may offer significant power savings. short form for ‘application specific integrated circuit’. ^{^{Source + Source}}

Cryptocurrency News - Top Stories !

New Project to Tackle Crypto Energy Crisis by Generating Electricity Through Waste - Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News)

Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News): Integral to this system is the unique 4NEW crypto token, KWATT (currently ERC20, Ethereum based contract). Each of these embodies 1kW of electricity annually (the global average retail price per kW of electricity is currently $0.15). The ICO opened at ...

How To Avoid Crypto, Bitcoin `Pump and Dump' Scams - Forbes - Forbes

Forbes: Swindlers have swooped in to fleece cryptocurrency investors. ... how to avoid the latest scams.and more ...

Bitcoin today: All crypto coins are on the rebound - BGR

BGR: Iran and Turkey are two other countries that are considering national crypto currencies of their own, NewsBTC reports, even though both of them opposed Bitcoin and other digital coins in the past. California, meanwhile, might become the largest US ...

French AMF: crypto-futures to be regulated - Delano.lu

Delano.lu: The price of bitcoin surged dramatically last year after CME Group introduced bitcoin futures on its exchanges in the US. “Over the past few months, the recent cryptocurrency boom has spurred several online trading platforms to offer” such products ...

Japan's Exchanges Report 669 Cases of Suspected Crypto Money ... - CoinDesk

CoinDesk: ... police agency has said it received 669 reports of suspected money laundering from domestic cryptocurrency exchanges over eight months of 2017. According to ... Nikkei Asia Review, the ... National Police Agency (NPA) released a report ...

Suspected Crypto Ponzi Scheme Bitconnect Hit With Yet Another Lawsuit - Gizmodo

Gizmodo: Bitconnect is being sued yet again, according to a document filed today with the US District Court of Northern California. This lawsuit, to the best of our knowledge, is the sixth brought against the company since its abrupt closure in mid-January. On ...

A banking centre seeks to reinvent itself - The Economist

The Economist: To that end, Switzerland is maintaining loose rules for crypto-businesses, even as other countries are tightening theirs. An industry is developing to store tangible crypto-assets, such as the hard drives on which cryptographic keys are stored, offline ...

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 and content in our posts. Any copy of content between this Team does not constitute a plagiarism: @megan.brown @ali.wood @rssniper @matthew.davis @realskilled @rspower @rstracer}}}

PROOF-OF-WORK - FORK - PROOF OF WORK - ASIC -