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umbcs410-utimaco / crypto-analysis

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Project proposal - definitions #11

Closed dakaizou closed 2 years ago

dakaizou commented 2 years ago

Please define any acronyms that you use later in the proposal. (e.g., HTML: Hypertext Markup Language)

drewjax commented 2 years ago

-BTC: Bitcoin the cryptocurrency of choice that we will be using to track suspicious transactions of. Bitcoin uses blockchain technology which is a virtual currency that is public to all that uses it.

-Blockchain: technology works as a large public link of blocks of transaction. Bitcoin records a new block around every 10 minutes on average including unique hashes that tree to each individual transaction. Every block rewards its miner 6.25 BTC which halves every 4 years. Observable information at https://www.blockchain.com/explorer?view=btc.

-BTC address: it the unique string of letters and numbers that a user is given when creating a wallet where they store their Bitcoin and use for transaction destinations.

-Sigma.js: Useful JavaScript library for graph making -HTML: Hypertext Markup Language -CSS: Cascade Style Sheets -UI: User Interface -JS: JavaScript -HTTP: Hypertext Transfer Protocol -npm: Node Package Manager -UML: Unified Modeling Language -SPA: Single page application