BITCOIN - LIGHTNING NETWORK - BLOCK REWARD - SOFT FORK -


BITCOIN	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}
LIGHTNING NETWORK	this protocol tries to solve the bitcoin scalability problem. the lightning network will allow bitcoin transactions to happen instantly, without worrying about block confirmation times. it's a decentralized network using smart contract functionality on the blockchain to enable instant payments across a network of participants. ^{Source + Source}
BLOCK REWARD	this type of fork requires most miners upgrading in order to enforce, while a hard fork requires all nodes to agree on the new version. since old nodes recognize the new blocks as valid, a soft fork is essentially backward-compatible. a soft fork differs from a hard fork in that only previously valid transactions are made invalid. ^{Source + Source}
SOFT FORK	bitcoin is the first decentralised, open source cryptocurrency that runs on a global peer to peer network, without the need for middlemen and a centralised issuer. strictly, bitcoin with a capital “b” refers to the protocol & the network, whilst bitcoin with a lowercase “b” is the currency. bitcoin can refer to the protocol, network or the unit of currency. ^{Source + Source}


BITCOIN	bitcoin is the first decentralised, open source cryptocurrency that runs on a global peer to peer network, without the need for middlemen and a centralised issuer. strictly, bitcoin with a capital “b” refers to the protocol & the network, whilst bitcoin with a lowercase “b” is the currency. bitcoin can refer to the protocol, network or the unit of currency. ^{Source + Source}
LIGHTNING NETWORK	this protocol tries to solve the bitcoin scalability problem. the lightning network will allow bitcoin transactions to happen instantly, without worrying about block confirmation times. it's a decentralized network using smart contract functionality on the blockchain to enable instant payments across a network of participants. ^{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}
SOFT FORK	this type of fork requires most miners upgrading in order to enforce, while a hard fork requires all nodes to agree on the new version. since old nodes recognize the new blocks as valid, a soft fork is essentially backward-compatible. a soft fork differs from a hard fork in that only previously valid transactions are made invalid. ^{Source + Source}

Cryptocurrency News - Top Stories !

Long Live Liberland, a Libertarian Crypto Utopia Floating on the Danube - Inverse

Inverse: In their pursuit of a dream to build a futuristic country that uses crypto and blockchains to power its governance, Liberland has chosen a patch of land in between Croatia and Serbia that it believes is not claimed by any country. Croatia vehemently ...

FCoin Crypto Exchange Draws Fire for New 'Trans-Fee Mining' Model - Coindesk

Coindesk: China-based FCoin – a new crypto exchange launched in May that takes a novel revenue model – has come under the spotlight after its trading volumes appear to have almost immediately surpassed some of the largest exchanges. While the ...

Crypto Trading 101: A Beginner's Guide to Candlesticks - Coindesk

Coindesk: That kid you know ... now driving a Lambo because he traded something called dogecoin? He has more in common with Japanese rice traders from the 1700s than you might think. Besides the ability to brag about their newfound riches, both traders likely ...

CRYPTO INSIDER: Markets dive towards their lowest levels of the year - Business Insider

Business Insider: Welcome to Crypto Insider, Business ... roundup of all the bitcoin and cryptocurrency news you need to know today. Sign up here to get this email delivered direct to your inbox. Bitcoin got smoked Friday morning as crypto markets dived towards ...and more ...

Under New Rules Quebec Crypto Miners Will Be Required to Bid for ... - Cointelegraph

Cointelegraph: Provincial utility Hydro-Quebec has proposed new rules, under which blockchain companies will be required to bid for electricity and quantify the jobs and ...and more ...

Protection From Crypto Scams For Twitter Users - Crypto Disrupt

Crypto Disrupt: Crypto scams are believed to have cost investors billions of dollars in the last few years. One popular scam is the impersonation of crypto influencers on Twitter. Every time a leading light in the crypto ecosystem posts on Twitter, evil characters are ...

A Crypto Startup Aims To Bring Stability To A Volatile Market - Forbes

Forbes: A new cryptocurrency startup, Reserve, with backing from investors including Peter Thiel and others, aims to solve one of the biggest challenges with cryptocurrencies. Namely, price stability and functionality as a true form of transactional money.

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