Sentences with phrase «ethereum network acts»
Not exact matches
Technically, anyone with a GPU will be able to act as one of Ethereum's mining nodes as it employs an ASIC - resistant mining algorithm to help prevent a single miner monopolising the network.
https://www.coindesk.com/
This means Ether coins act as «fuel» to the Ethereum Network.
Intended to act as a vehicle for supporting Ethereum - related projects, The DAO has garnered over $ 50m worth of ethers (ETH)- the digital token of the Ethereum network - from investors.
Deluge Network will enable Bitcoin to act as if it is moving on the Ethereum blockchain by fully backing the Deluge Bitcoin Token (DBTC) with an equal amount of Bitcoin (BTC).
The Smart Investment Fund is looking to change this and is opening to investors with an ICO on the Ethereum network that will issue Smart Investment Fund Tokens (SIFT) which act as a shareholding in the fund.
In the context of Ethereum, the blockchain acts as a public ledger that lists everything that goes on in the network in real - time.