PROOF OF WORK - DIFFICULTY - RIPPLE


PROOF OF WORK	these are used for “every day” transactions and should never hold large amounts of bitcoin, since their connectivity reduces their security. a bitcoin wallet that has an active connection to the internet. ^{Source + Source}
DIFFICULTY	this refers to how difficult/easily a data blocks of transaction information can be mined successfully.^{Source + Source}
RIPPLE	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}
HOT WALLET	payments are made using a series of ious, and the network is based on trust relationships. the network consists of payment nodes and gateways operated by authorities. is a payment network built on distributed ledgers that can be used to transfer any currency. ^{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}
DIFFICULTY	this refers to how difficult/easily a data blocks of transaction information can be mined successfully.^{Source + Source}
RIPPLE	payments are made using a series of ious, and the network is based on trust relationships. the network consists of payment nodes and gateways operated by authorities. is a payment network built on distributed ledgers that can be used to transfer any currency. ^{Source + Source}
HOT WALLET	these are used for “every day” transactions and should never hold large amounts of bitcoin, since their connectivity reduces their security. a bitcoin wallet that has an active connection to the internet. ^{Source + Source}

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PROOF OF WORK - DIFFICULTY - RIPPLE - HOT WALLET -