Proof of Work

temuland crypto glossary - proof of work
aischle
Posted by aischle
15.05.2021

Proof of Work

Proof of work (PoW) is a decentralized consensus mechanism that requires members...

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temuland crypto glossary lightning network
aischle
Posted by aischle
12.05.2021

Lightning Network

The Lightning Network is a “layer 2” payment protocol designed to be...

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temuland crypto glossary taproot
aischle
Posted by aischle
2.05.2021

Taproot

Taproot is a Bitcoin network upgrade / soft fork that increases privacy...

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A consensus algorithm refers to any number of methodologies used to achieve agreement, trust, and security across a decentralized computer network.
aischle
Posted by aischle
29.04.2021

Consensus Algorithm

A consensus mechanism refers to any number of methodologies used to achieve...

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A cryptographic hash function is a mathematical algorithm that maps data of arbitrary size to a bit array of a fixed size (the "hash).
aischle
Posted by aischle
29.04.2021

Cryptographic hash functions

A cryptographic hash function is a mathematical algorithm that maps data of...

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temuland crypto glossary merkle tree
aischle
Posted by aischle
28.04.2021

Merkle tree

A Merkle tree is a data structure that serves to encode blockchain...

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Cryptographic nonces are random or pseudo-random numbers that authentication protocols attach to communications.
aischle
Posted by aischle
28.04.2021

Cryptographic nonce

a number used to protect private communications by preventing replay attacks

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A Bitcoin halving event is when the reward for mining bitcoin transactions is cut in half.
aischle
Posted by aischle
25.04.2021

Bitcoin Halving

A Bitcoin halving event is when the reward for mining bitcoin transactions...

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“Hashrate” refers to the total combined computational power that is being used to mine and process transactions on a Proof-of-Work blockchain.
aischle
Posted by aischle
25.04.2021

Hashrate

“Hashrate” refers to the total combined computational power that is being used...

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Bitcoin mining is the process by which new bitcoins are entered into circulation.
aischle
Posted by aischle
25.04.2021

Bitcoin Mining

Bitcoin mining is the process by which new bitcoins are entered into...

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