PROOF OF WORK - FORK - TURING COMPLETE


PROOF OF WORK	the more ‘work’ you do or the more computational power you provide, the more coins you are rewarded with. a consensus distribution algorithm that requires an active role in mining data blocks, often consuming resources, such as electricity. ^{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}
TURING COMPLETE	allow the spending and management of your bitcoins. a wallet that stores the private keys on your computer. ^{Source + Source}
DESKTOP WALLET	an example of this is the ethereum virtual machine (evm). the ability of a machine to perform calculations that any other programmable computer is capable of, is referred by turing complete refers to. ^{Source + Source}


PROOF OF WORK	the more ‘work’ you do or the more computational power you provide, the more coins you are rewarded with. a consensus distribution algorithm that requires an active role in mining data blocks, often consuming resources, such as electricity. ^{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}
TURING COMPLETE	an example of this is the ethereum virtual machine (evm). the ability of a machine to perform calculations that any other programmable computer is capable of, is referred by turing complete refers to. ^{Source + Source}
DESKTOP WALLET	allow the spending and management of your bitcoins. a wallet that stores the private keys on your computer. ^{Source + Source}

Cryptocurrency News - Top Stories !

EU Markets Regulator Extends Restrictions on Selling Crypto-Based ... - Cointelegraph

Cointelegraph: ESMA has decided to extend its restrictions on selling cryptocurrency CFDs for another three months from November 1.

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Crypto Accounts for Less Than 1 Percent of Pornhub Purchases - Cointelegraph

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Crypto's Open Secret: Multibillion-Dollar Volume Is Suspect ... - Bloomberg

Bloomberg: Four months ago, BitForex was just one of many obscure exchanges offering users the ability to trade cryptocurrencies like Bitcoin.

US House Passes Bill for Task Force to Combat Crypto Use by Terrorists - Cointelegraph

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PROOF OF WORK - FORK - TURING COMPLETE - DESKTOP WALLET -