Category: crypto

what is a mature coin

in staking, you hold coins to vertify transactions. you hold a sertain mout of coins on your core wallet, on desktop computer. you have an update version of blockchain. if there are miners in network you will be choozen as validator ,when they have mined a specific block. this has to do with safety. your computer has a copy of blochain,,syncronized with other computer. it only shecks if the new block is valid or a real btc block. using consensus mechanism. this is a protocol inplemented trough alorytems on partisipating network computer, comunicating peer to peer network. dlt is distributed ledger tecnology. it holds info on group of blocks. its tecnically same on all nodes . it also cointain a hash signature of the next an previous block in the chain.  it also shows on what wallet network node the block gruops are located. when miners want to mine bloock they need to know the hash adress to next block being mined. the previous block on network has info on the new block , and its required to vertyfy if its the right block.  thats where staking comes in. you hold an amout of coins on your node, vertifying that the mined block is a bitcoin or litecoin. consensus mechanism protocol. It sounds very simple; just hold some crypto and receive a reward, but there is a lot more involved. With the Proof-of-Work mechanism. there are also profe of stake machanism.here are list of staking pools

mature coins mean that a pool has no controll over a confirmed block intil 100 other blocks from mining has been confirmed. do not mix this with trancactions block confirmations. they have less confirms. there are less trust in new blocks. your mined bloock has mature, when 100 other blocks has been confirmed. usually 100-400.

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Docker for pi network crypto node explained start mining in my crew

Crypto ecosystems are made on diferent platforms. run all type of their own blockchain like system. solving math equations is most common. the phone sends out hash. to solve a block. that is located not sure. but there may be a million way to solve a block. other than mining.  join my pi network crew

you need to autorize it whit facebook

 

 

When you buy something from a webshop  located in china, you pay for shipping cost now days. you use dhl shipping or china-post. In that maner you sell somthing for pi coin, over internett. docker transport the neesary data around to other nodes, comunicating with modules and layers in those node. they run on your comuper in java envoriment. ok docker is pretty high level. but shold work on linux as weel.  in order so you can get the crypto graphic data coins.  docker is like the infrastructure, for the nodes on our comuter running aplications trough ports under your ip, conected to your private server, where the magic happen. if you want to recive payment, trough your woocomerce,you must point a payment gateway, to your port, and corect wallet adress. your node is local and the adress money container is syncronized whith network. the closest avadable network syncronized pi node to yor wordpress hosting desktop node server . it know that ip where your pi chain adress is located.  so it  must have a map of other nodes , in order to send it to your port assosiated whit your ip.

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Categories: crypto

btc core vs blochain

To answear that question, you need to undrstand blockchain, you need to undertand distributed ledger tecnology. blockchain is like the name sugest.  the main server node, running on servers in computer. any one can run a btc core, that interact with other btc core.network is called blochain. the whole network of nodes updates all time on each other. data is growing. like potatoes. every block of btc  is updated to core.  who run son your pc. you add your own coin blocks to your own core with adress. you may even get money for fee on trancfer other btc tranceactions from whole diferent places.

 

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Categories: crypto