Re: Brazio

#12
Part of why the blockchain is such an interesting idea is the fact that it is decentralized. This means that there is no point of failure for where information is stored, and no data center where criminals can attack and gain control of the network.
0 x

Re: Brazio

#13
There's more to like about blockchain technology than just its decentralization. Because miners are working 24 hours a day and seven days a week to verify transactions, they can be settled much quicker than through traditional banking, which sticks to normal businesses hours, closes for the weekends, and often holds funds for a few days. Plus, without a middleman, transaction costs can actually go down with blockchain.
0 x

Re: Brazio

#15
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.
0 x

Re: Brazio

#16
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.
0 x

Re: Brazio

#17
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.
0 x

Re: Brazio

#18
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.
0 x
Post Reply

Return to “ICO Announcements”

cron