BLOCK REWARD - FORK - DETERMINISTIC WALLET


BLOCK REWARD	verification of transactions on the blockchain generates new coins in the process, and the miner is rewarded by a portion of those. a form of incentive for the miner who successfully calculated the hash in a block during mining. ^{^{Source + Source}}
FORK	oracles work (by providing data to the smart contracts) as a bridge between the real world and the blockchain.^{^{Source + Source}}
DETERMINISTIC WALLET	this seed is all that is needed to restore a wallet if it is lost and can allow the creation of public addresses without the knowledge of the private key. a wallet based on a system of deriving multiple keys from a single starting point known as a seed. ^{^{Source + Source}}
ORACLES	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}}


BLOCK REWARD	verification of transactions on the blockchain generates new coins in the process, and the miner is rewarded by a portion of those. a form of incentive for the miner who successfully calculated the hash in a block during mining. ^{^{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}}
DETERMINISTIC WALLET	this seed is all that is needed to restore a wallet if it is lost and can allow the creation of public addresses without the knowledge of the private key. a wallet based on a system of deriving multiple keys from a single starting point known as a seed. ^{^{Source + Source}}
ORACLES	oracles work (by providing data to the smart contracts) as a bridge between the real world and the blockchain.^{^{Source + Source}}

Cryptocurrency News - Top Stories !

Watch: Yahoo Finance All Markets Summit: Crypto - AOL

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Crypto cautious Luxembourg - Delano.lu

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New York Mandates Stronger Fraud Controls for Crypto Companies ... - Coindesk

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Most Crypto Coins Are Going to Zero, Says Barry Silbert, Crypto Magnate And Rich List Member - Forbes

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A Fight Over Ethereum Led A Cofounder To Even Greater Crypto Wealth - Forbes

Forbes: Angel Au-Yeung , Forbes Staff I write about wealth and how it plays out in the world. This story appears in the February 28, 2018 issue of Forbes. Subscribe. Filip Peraic for Forbes. Charles Hoskinson left Ethereum to start IOHK, now home to the fifth ...and more ...

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