Download Blockchain Guide Starter Cryptocurrency Explaination PDF Free - Full Version
Download Blockchain Guide Starter Cryptocurrency Explaination by ['Viktor Oms'] in PDF format completely FREE. No registration required, no payment needed. Get instant access to this valuable resource on PDFdrive.to!
About Blockchain Guide Starter Cryptocurrency Explaination
The document provides an introduction to blockchain and cryptocurrency concepts. It explains that the blockchain is a decentralized ledger held by all nodes in the network that records all transactions ever made using cryptography. Transactions are grouped into blocks and added to the blockchain in a chain, with each new block containing the hash of the previous block. Miners use their computing power to try and find a valid hash for new blocks being added, and are rewarded with newly minted cryptocurrency for successfully adding blocks. This process secures the blockchain from fraud like double spending. The blockchain technology could have applications beyond digital currencies like Bitcoin.
Detailed Information
| Author: | ['Viktor Oms'] |
|---|---|
| Publication Year: | 2017 |
| Pages: | 12 |
| Language: | English |
| Format: | |
| Price: | FREE |
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