Blockchain Technology

Public Deck • Created by TechInnovator

10 cards
Card 1
Term
Cryptocurrency
Definition
Digital currency using cryptography.
Card 2
Term
Consensus Mechanism
Definition
Protocol for agreeing on blockchain data.
Card 3
Term
Public Key
Definition
Key for encrypting data.
Card 4
Term
Hashing
Definition
Converting data into fixed-size values.
Card 5
Term
Private Key
Definition
Key for decrypting data.
Card 6
Term
Blockchain
Definition
Distributed ledger technology.
Card 7
Term
Immutable Ledger
Definition
Blockchain data cannot be altered.
Card 8
Term
Mining
Definition
Process of validating blockchain transactions.
Card 9
Term
Smart Contract
Definition
Self-executing contract with code.
Card 10
Term
Decentralization
Definition
System without central authority.