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Author Topic: Brazio  (Read 1306 times)

Brazio

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Re: Brazio
« Reply #15 on: July 20, 2018, 09:35:46 PM »
Cryptocurrency funds are locked in a public key cryptography system. Only the owner of the private key can send cryptocurrency. Strong cryptography and the magic of big numbers makes it impossible to break this scheme.

Brazio

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Re: Brazio
« Reply #16 on: July 20, 2018, 11:32:08 PM »
You don‘t have to ask anybody to use cryptocurrency. It‘s just a software that everybody can download for free. After you installed it, you can receive and send cryptocurrency. No one can prevent you. There is no gatekeeper.

Brazio

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Re: Brazio
« Reply #17 on: July 21, 2018, 07:43:16 PM »
Cryptocurrency mining power is rated on a scale of hashes per seconds. A rig with a computing power of 1kH/s is mining at a rate of 1,000 hashes a second, 1MH/s is a million hashes per second and a GH/s is one billion hashes per second.

Brazio

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Re: Brazio
« Reply #18 on: July 22, 2018, 05:41:20 AM »
A transfer of funds between two digital wallets is called a transaction. That transaction gets submitted to a public ledger and awaits confirmation. Wallets use an encrypted electronic signature when a transaction is made.

Brazio

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Re: Brazio
« Reply #19 on: July 22, 2018, 11:45:49 PM »
In November 2013, the price of Bitcoin has exceeded for the first time the price of gold.
Soon enough will be Brazio's turn!

Brazio

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Re: Brazio
« Reply #20 on: July 23, 2018, 05:25:55 AM »
In cryptocurrency, proof-of-work is a system that uses hard-to-compute but easy-to-verify functions to limit exploitation of cryptocurrency mining.

 

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