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Topics - Crestie C. Tuvilla

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106

Cryptocurrency Price Speculations / What can eth be used for?

« on: May 22, 2018, 04:49:57 PM »

Eth enables developers to build and deploy decentralized applications. A decentralized application or dapp serve some particular purpose to its users.

107

Crypto currency Mining / What is eth mining?

« on: May 22, 2018, 04:46:22 PM »

Is the process of mining Ether. Simply put ,mining ether equals securing the network which in turn ensures verified computation.

108

Cryptocurrency Price Speculations / What is mining?

« on: May 22, 2018, 04:43:36 PM »

Is a xomputtionally intensive work that requires a lot of processing power and time.

109

Cryptocurrency Price Speculations / What is smart contract?

« on: May 22, 2018, 04:30:22 PM »

Is just a phrase used to describe computer code than can facilitate the exchange of money, content,property, shares or anything of value.

110

Cryptocurrency Price Speculations / What is ICO?

« on: May 22, 2018, 02:50:30 PM »

An initial coin offering,also commonly referred to as an ICO, is a fundraising mechanism in which new projects sell their underlying crypto tokens in exchange for bitcoin and ether .....ICOs are a relatively new phenomenon but have quickly become a dominant topic of discussion w/in the blockchain community.

111

Cryptocurrency discussions / Main diff.bet. altcoins and tokens is in their structure?

« on: May 22, 2018, 02:13:41 PM »

Altcoins are separate currencies w/ their own separate block chain while tokens operate on top of a blockchain that facilitates the creation of decentralized applications.

112

Cryptocurrency discussions / What are cryptocurrencies?

« on: May 22, 2018, 02:09:34 PM »

What are cryptocurrencies?
Are digital or virtual currencies that are encrypted(secured)using cryptography.

113

Cryptocurrency Price Speculations / What is the differents between ETH and bitcoin?

« on: May 22, 2018, 01:04:29 PM »

For me , ethereum is an open-sourse , public ,blockchainbased distributed computing platform and operating system featuring smart contract functionality.it supports a modified of nakamoto consensus via transaction based state transactions.while,
Bitcoin is crytocurrency and worldwide payment system.it is the first decentralized digital currency,as the system works w/out a central bank or singke administrator.