Unit 3 Module 10b

Hash Value

A number produced by a hash function to create a unique digital "fingerprint" that can be used to allow or deny access to a software application.

distributed computing

Processes and manages algorithms across many machines in a computing environment.

Immutability

The ability for a blockchain ledger to remain a permanent, indelible, and unalterable history of transactions.

Ethereum

A decentralized, open-source blockchain with smart contract functionality.

Non-Fungible Token (NFT)

A digital signature backed by blockchain technology that proves ownership of something.

Digital Fingerprint

A hash number that identifies and validates a digital certificate.

Hashing

A keyword or phrase used to identify a topic and is preceded by a hash or pound sign (#).

Bitcoin

A type of digital currency in which a record of transactions is maintained and new units of currency are generated by the computational solution of mathematical problems and which operates independently of a central bank.

Blockchain

A type of distributed ledger, consisting of blocks of data that maintain a permanent and tamper-proof record of transactional data.

Distributed ledger

Allows many different parties around the world to access and verify the same data.

Transaction ID

An identifier is unique to a transaction and represents the undo segment number, slot, and sequence number.