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Bitcoin: A Peer-to-Peer Electronic Cash System

created byPetko D. PetkovPetko D. Petkov
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  • record.text
    Record
    {
  "id": "clnfsaqka006hp50hjxe0acns-d9d4efb9001156fc8805256cf46c1b50",
  "text": "key is a string of\ndigits and letters (your bitcoin address).\nWhen hashed with a corresponding string\nknown as a private key it digitally signs\nand online communication.\nSatoshi – A Bitcoin \"cent\", the smallest\nform of Bitcoins. One Bitcoin is equal to 1\nmillion Satoshis.\n*This glossary contains terminology and explanations of concepts relevant to various emerging\ntechnologies. The purpose of the glossary is to inform the reader of the most commonly used vocabulary\nterms in the cyber world. This glossary was compiled from various sources readily available on the Internet."
}

  • record.text
    Record
    {
  "id": "clnfsaqka006hp50hjxe0acns-4d1281c483905b45a8ccc8bf55b206fa",
  "text": "In the case of\nBitcoin, the network is built in such a way\nthat each user is broadcasting the\ntransactions of other users. And, crucially,\nno bank is required as a third party.\nPrivate Key - A private key is a secret\npiece of data that proves your right to\nspend bitcoins from a specific wallet\nthrough a cryptographic signature. Your\nprivate key(s) are stored in your computer\nif you use a software wallet; they are\nstored on some remote servers if you use a\nweb wallet. Private keys must never be\nrevealed as they allow you to spend\nbitcoins for their respective Bitcoin wallet.\nProof of Work [PoW] - Proof of work\nsimply refers to the output of any efforts to\nmine bitcoin. In the bitcoin block chain, the\nhashing of a block takes time and effort,\nmeaning the hash block can be considered\nproof of work.\nPublic key - The public key is a string of\ndigits and letters (your bitcoin address).\nWhen hashed with a corresponding string\nknown as a private key it digitally signs\nand online communication.\nSatoshi – A Bitcoin \"cent\", the smallest\nform of Bitcoins."
}

  • record.text
    Record
    {
  "id": "clnfsaqka006hp50hjxe0acns-65507ee0c5d05f778d9fac56a8f7d249",
  "text": "a specific\namount to a specific person, just like a real\nwallet. This is different from credit cards\nwhere you are charged by the merchant.\nMt. Gox – one of the first Bitcoin\nexchanges that began liquidating after\nmore than 850,000 of its users' Bitcoins\nwere lost or stolen – an amount equal to\nmore than $450,000,000 at the time.\nOutput - When a bitcoin transaction takes\nplace, the output refers to the destination\naddress used in the transaction.\nPaper Wallet - Some people prefer to store\ntheir bitcoin in the paper wallet – a form of\ncold storage – in order to improve security.\nThe term simply refers to a printed sheet of\npaper that holds a number of public bitcoin\naddresses and corresponding private keys.\nP2P - Peer-to-peer refers to systems that\nwork like an organized collective by\nallowing each individual to interact\ndirectly with the others. In the case of\nBitcoin, the network is built in such a way\nthat each user is broadcasting the\ntransactions of other users. And, crucially,\nno bank is required as a third party.\nPrivate Key - A private key is a"
}

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