Bitcoin DefinitionsBlockchain - A transaction database shared by all nodes participating in a cryptocurrency such as Bitcoin. Blockchains were invented for the Bitcoin project but they can be applied anywhere a distributed consensus needs to be established in the presence of malicious or untrustworthy actors. Blocks - Are simply a collection of valid transactions, a pointer to a valid previous block they build upon, and proof of it being a valid block itself.
|
|
All Content ©2020 WebRef.eu |