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what is clients?-Definition of all finance terms

what is clients?

Definition of clients Clients are also called a bitcoin wallets. It is a specialized piece of a network in which all the different nodes run in a hierarchy for the regulation of all the terminals in the decentralized network of bitcoin or cryptocurrency. Brief Explanation These clients perform an important function for bitcoin network. It saves or […]
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what is Light Node?-Definition of all finance terms

What is Light Node?

Definition of Light Node Any member which is connected to a computer with bitcoin network is called nodes. This is most commonly used lightweight node in a network. It forms the backbone of a network. This uses a lightweight hard disk space and bandwidth comparatively full nodes. Breif Explanation of Light Node Light nodes download all the […]
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WHAT is SPV?-Definition of all finance terms

What is SPV(Simplified Payment Verification) client?

Definition of SPV(Simplified Payment Verification) client SPV client stands for (simplified payment verification) client. It’s one of a method of verifying the payment or transaction of a bitcoin in a distributed block chain based network. It verifies particular transaction in a network without downloading the complete blocks of a bitcoin. This particular or individual block a smaller […]
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what is Peer?-Definition of all finance terms

What is Peer?

Definition of Peer A peer is a group or number of functional units in a network, which allows a more than one participant in a distributed blockchain based network. To connect and share their resources in this blockchain based network, these peers are so helpful. One common network by the name of the P2P network, regulate […]
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what is participant?-Definition of all finance terms

What is Participant?

Definition of Participant Participants are a member of cryptocurrency. These participants are computers which are connected and shared their resources in a distributed blockchain based network. These participants or computers are working on behalf of their members who are a member of cryptocurrency. These participants can regulate in this distributed blockchain based network with the help […]
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what is Consensus Point?-Definition of all finance terms

What is Consensus Point?

Definition of Consensus Point It is one of an agreement among a different number or group of a person.  Consensus Point is a point, either in time, or characterized as far as a set number or volume of records to be added to the ledger – where peers meet to concur the condition of the ledger.
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what is bitcoin lowercase?-Definition of all finance terms

What is bitcoin (lowercase)?

Definition of bitcoin (lowercase) Bitcoin lowercase has basically defined the bitcoin with a small “b” which represents different context or perspective. When we use bitcoin with the lowercase that means, we are here referring bitcoin in a context of a currency or money which is digitized. It is important for users to differentiate between bitcoin with uppercase […]
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what is Bitcoin uppercase?-Definition of all finance terms

What is Bitcoin (uppercase)?

Definition of Bitcoin (uppercase) Bitcoin uppercase has basically defined the bitcoin with a capital “B” which represents different context or perspective. When we use bitcoin with an uppercase that means we are here referring bitcoin in a context of complete distributed network or ecosystem. It is important for users to differentiate between bitcoin with uppercase and […]
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what is Attestation Ledger?-Definition of all finance terms

What is Attestation Ledger?

Definition of Attestation Ledger Attestation ledger is one of a reliable form of distributed ledger which providing an evidence or solid record of an agreements commitments and statements. Additionally, it can be used by an application to show that they are ongoing on a genuine ledger device. Breif Explanation of Attestation Ledger This ledger consists all types […]
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what is Proof of Stake?-Definition of all finance terms

What is Proof-of-Stake?

Definition of Proof-of-Stake It Is the alternative of proof of work.  Proof of stake is a concept which letting know about the capacity of a person can hold the block transactions by checking  that how many number of a digitized coin or currency they have. Which elaborates that a person who have greater no. of coins […]
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