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bitcoin mining 5gh/s, should i mine bitcoin
V
ValeraSmr
4.8.2018, 18:32
#1





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: 4.8.2018
: America
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C 27MHz: ValeraSmrND
America



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------> SART KE BITCOIN NW!! <------
------> START E BIIN NOW!! <------
------> SR MAKE ITCIN NW!! <------


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lets have a look at the mechanism ruling the databases of cryptocurrencies. a cryptocurrency like bitcoin consists of a network of peers. every peer has a record of the complete history of all transactions and thus of the balance of every account. its basic public key cryptography, nothing special at all. after signed, a transaction is broadcasted in the network, sent from one peer to every other peer. nothing special at all, again. how to increase residual income the transaction is known almost immediately by the whole network. but only after a specific amount of time it gets confirmed. confirmation is a critical concept in cryptocurrencies. you could say that cryptocurrencies are all about confirmation. as long as a transaction is unconfirmed, it is pending and can be forged. when a transaction is confirmed, it is set in stone. it is no longer forgeable, it cant be reversed, it is part of an immutable record of historical transactions: of the so-called blockchain. only miners can confirm transactions. this is their job in a cryptocurrency-network.

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