Hive profile

learn with us

@aniqtariq

916 followers 1,026 following 69 posts Reputation 7.89

learn with us
@aniqtariq Jun 18, 2019, 10:19 AM UTC

Mining Transactions in Blocks

New transactions are constantly flowing into the network from user wallets and other applications. As these are seen by the bitcoin network nodes, they get added to a temporary pool of unverified tra…

1 upvotes 1 replies $0.00
learn with us
@aniqtariq Jun 17, 2019, 5:17 PM UTC

Consensus Attacks

Bitcoin’s consensus mechanism is, at least theoretically, vulnerable to attack by miners (or pools) that attempt to use their hashing power to dishonest or destructive ends. As we saw, the consensus…

4 upvotes 1 replies $0.00
learn with us
@aniqtariq Jun 17, 2019, 5:10 PM UTC

Mining Nodes

Some of the nodes on the bitcoin network are specialized nodes called miners. a computer engineering student in Shanghai, China, who is a bitcoin miner. Jing earns bitcoin by running a “mining rig,”…

1 upvotes 0 replies $0.00
learn with us
@aniqtariq Jun 17, 2019, 5:04 PM UTC

Decentralized Consensus

the global public ledger (list) of all transactions, which everyone in the bitcoin network accepts as the authoritative record of ownership. But how can everyone in the network agree on a single univ…

2 upvotes 0 replies $0.00
learn with us
@aniqtariq Jun 17, 2019, 11:31 AM UTC

What is Transaction Pools

Almost every node on the bitcoin network maintains a temporary list of unconfirmed transactions called the memory pool, mempool, or transaction pool. Nodes use this pool to keep track of transactions…

2 upvotes 0 replies $0.00
learn with us
@aniqtariq Jun 17, 2019, 11:12 AM UTC

Digital Signatures (ECDSA)

So far, we have not delved into any detail about “digital signatures.” In this article we look at how digital signatures work and how they can present proof of ownership of a private key without reve…

5 upvotes 0 replies $0.00
learn with us
@aniqtariq Jun 16, 2019, 7:39 PM UTC

Transaction Outputs and Inputs Of BITCOIN

The fundamental building block of a bitcoin transaction is a transaction output. Transaction outputs are indivisible chunks of bitcoin currency, recorded on the blockchain, and recognized as valid by…

3 upvotes 1 downvotes 2 replies $0.00
learn with us
@aniqtariq Jun 15, 2019, 7:33 PM UTC

private and public keys EXPLAINED

A bitcoin wallet contains a collection of key pairs, each consisting of a private key and a public key. The private key (k) is a number, usually picked at random. From the private key, we use ellipti…

4 upvotes 0 replies $0.00
learn with us
@aniqtariq Jun 15, 2019, 7:13 PM UTC

History of bitcoin

Bitcoin was invented in 2008 with the publication of a paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System,” 1 written under the alias of Satoshi Nakamoto (see Appendix A). Nakamoto combined…

4 upvotes 0 replies $0.00
learn with us
@aniqtariq May 15, 2018, 7:17 AM UTC

5 Real Life Tips For Success

While we are all busy in our own ways, we all also have the same amount of time to work with each and every day. While some have more responsibilities than others, it is still amazing to see how some…

2 upvotes 2 replies $0.00