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17 Cards in this Set
- Front
- Back
- 3rd side (hint)
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Ch11 security guidelines on user keys and transactions |
User keys: Don't ask for them. You may get hacked Tx: Don't take them off chain |
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Ch11 Architectures using the root of trust concept, place the most Secure and 1) simple/ complex part of the app at the 2) Center/edge |
1) Simple 2) Center |
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ch11 Bitcoin should be stored in different places. The smallest amount should be stored in a _ |
mobile wallet |
mobile, desktop or paper. |
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ch11 The capacity to recover funds from a person after they ve passed away is referred to as |
Survivability |
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ch12 Bitcoin system guarantees, list 5: |
No Double-Spend Immutability Neutrality Secure Timestamping Authorization Auditability Accounting No expiration Integrity Tx atomicity Discrete units of value (UTXO ) Quorum of control |
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ch12 What may Colored Coins represent (uses). List 3 |
stock certificates license games property trademarks cars boats |
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ch 12 A prominent implementation of Colored Coins |
Open Assets Colored Coins by Colu |
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Ch12 Do you need a special wallet to use Colored Coins? Yes/No |
Yes |
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Ch12 First tx for colored coins is called: |
Issuance transaction |
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Ch 12 Counterparty is a protocol built on top of Bitcoin for implementing |
Smart Contracts Based on the EVM. (Ethereum Virtual Machine) |
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ch 12 Lightening Network standard name |
BOLT |
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Ch 12 Benefits of payment channels (List 1) |
TrustIess payment channel with low cost Less delay |
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Ch 12 In a payment channel features used. List 3 |
Multising 2-2 Revocation key timelocks |
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Ch12 in a lightening network are communications public or encrypted |
encrypted |
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Ch12 Lightening Network uses an onion-rooted network based on |
Sphinx |
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Ch 12 In the lightening network the Path is fixed at_ hops |
20 |
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Ch12 Benefits of the lightening network. List 3 |
Privacy: payments are not public Fungibility : difficults surveillance and blacklist Speed: Settlement in miliseconds Granularity: Allows payments in dust or even sub satoshis Capacity: Increases node capacity for payments Trustless operations: preservess trustless principle of the Bitcoin Network |
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