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Altcoins

Глоссарий по криптовалютам и блокчейну
    Altcoin is an abbreviation of “bitcoin alternative”. currently, the majority of altcoins are forks of bitcoin with usually minor changes to the proof of work (pow) algorithm of the bitcoin blockchain. the most prominent altcoin is litecoin. litecoin introduces changes to the original bitcoin protocol such as decreased block generation time, increased maximum number of coins and different hashing algorithm




Abbreviation, английский
  1. Сокращение, аббревиатура

  2. Сокращение

  3. Сокращение; сокращенное наименование; аббревиатура


Alternative, английский
  1. A альтернативный class, question alternativity n альтернативность

  2. Вариант (напр, проекта), вариантное решение || вариантный о as an ~ в качестве варианта [вариантного решения]

  3. One of the music genres that appears under genre classification in windows media player library. based on id3 standard tagging format for mp3 audio files. id3v1 genre id # 20.


Blockchain, английский
  1. A blockchain is a type of distributed ledger, comprised of unchangable, digitally recorded data in packages called blocks (rather like collating them on to a single sheet of paper). each block is then ‘chained’ to the next block, using a cryptographic signature. this allows block chains to be used like a ledger, which can be shared and accessed by anyone with the appropriate permissions.

  2. Shared, trusted, public ledger of transactions, that everyone can inspect but which no single user controls. it is a cryptographed, secure, tamper resistant distributed database. it solves a complex mathematical problem to exist. a blockchain is a perfect place to store value, identities, agreements, property rights, credentials, etc. once you put something like a bitcoin into it, it will stay there forever. it is decentralized, disintermediated, cheap and censorship resistant. applications of blockchain: bitcoin (cryptocurrency), namecoin (wants to replace the entire dns system of the internet), or sia (a decentralized cloud storage), ethereum (turing complete virtual machine where you can run any smart contract); any centralized service like ebay, dropbox can potentially be built in a decentralized way using blockchain technology, considerably lowering transaction costs

  3. Think of blockchain as a database or a spreadsheet. but a really special spreadsheet. there`s no centralized master copy. instead, it`s shared on many computers. it`s special because you can only add to it. there`s no editing of history. the database is divided into chronological sub-sheets. these are the blocks. the last line of any block summarizes all of the data in the block, and ч and this is pretty important ч appears as the first line of the next block. if anyone tries to edit a block, the last line will change and will not match the first line of the next block. the network sees this corrupted block and immediately replaces it. this ingenious trick makes it futile to rewrite history and guarantees an unprecedented degree of security. blockchain was invented by haber and stornetta in 1991 but made famous in the satoshi nakamoto`s bitcoin paper.


Generation, немецкий

Block explorer, английский
    An online tool for exploring the blockchain of a particular cryptocurrency, where you can watch and follow live all the transactions happening on the blockchain. block explorers can serve as blockchain analysis and provide information such as total network hash rate, coin supply, transaction growth, etc.


Softfork, английский
    A softfork is a change to the bitcoin protocol wherein only previously valid blocks/transactions are made invalid. since old nodes will recognize the new blocks as valid, a softfork is backward-compatible. this kind of fork requires only a majority of the miners upgrading to enforce the new rules