BTC - DESKTOP WALLET - MIXING SERVICE - HARD FORK -

in #blockchain6 years ago


BTC
a type of fork that requires all nodes and users to upgrade to the latest version of the protocol software and that renders previously invalid transactions valid, and vice versa. Source + Source
DESKTOP WALLET
a single unit of the bitcoin currency. an acronym for bitcoin. Source + Source
MIXING SERVICE
allow the spending and management of your bitcoins. a wallet that stores the private keys on your computer. Source + Source
HARD FORK
it has the potential to be used for money laundering. a mixing service (also known as a tumbler) preserves your privacy because it stops people tracing a particular bitcoin to you. a service that mixes your bitcoins with someone else’s, sending you back bitcoins with different inputs and outputs from the ones that you sent to it. Source + Source


BTC
a single unit of the bitcoin currency. an acronym for bitcoin. Source + Source
DESKTOP WALLET
allow the spending and management of your bitcoins. a wallet that stores the private keys on your computer. Source + Source
MIXING SERVICE
it has the potential to be used for money laundering. a mixing service (also known as a tumbler) preserves your privacy because it stops people tracing a particular bitcoin to you. a service that mixes your bitcoins with someone else’s, sending you back bitcoins with different inputs and outputs from the ones that you sent to it. Source + Source
HARD FORK
a type of fork that requires all nodes and users to upgrade to the latest version of the protocol software and that renders previously invalid transactions valid, and vice versa. Source + Source

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