How does RPC (Remote Procedure Call) work in the context of digital currencies?

3 answers

• Sheryl Faith PajoAug 03, 2022 · 3 years ago
  RPC (Remote Procedure Call) is a protocol that allows a program on one computer to execute code on a remote computer. In the context of digital currencies, RPC is commonly used to interact with cryptocurrency nodes or wallets. It enables developers to send commands to the node or wallet, such as creating a new transaction or retrieving account information. This helps facilitate the transaction process and allows for seamless integration with digital currency systems.
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• collage samadhanJul 10, 2024 · a year ago
  RPC (Remote Procedure Call) is like a phone call between computers. In the context of digital currencies, it allows different software components to communicate with each other. For example, a wallet application can use RPC to send a request to a cryptocurrency node, asking it to create and sign a transaction. The node then processes the request and sends back the result. This communication mechanism is essential for the functioning of digital currency systems.
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• Nick SSep 22, 2024 · a year ago
  RPC (Remote Procedure Call) is an important feature in digital currency systems. It allows different components, such as wallets and nodes, to communicate and interact with each other. For example, a wallet application can use RPC to send a request to a node, asking it to validate a transaction. The node then processes the request and sends back the validation result. This helps ensure the security and integrity of digital currency transactions. At BYDFi, we leverage RPC to enhance the functionality and user experience of our digital currency exchange platform.
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