Sentences with phrase «requires running node»

Without easy - to - use wallets, many cryptocurrencies require running nodes and using command line interface wallets that are complicated even for tech - versed users.

Firstly, the token is not a medium of exchange, secondly it is a clear valuation model and thirdly, it is more legally defensible since to get returns, it requires running nodes.

Not exact matches

This fix is more resource - intensive than running a Bitcoin full node; it requires the unpruned Bitcoin blockchain, the full transaction index and extra address index.

The virtual currency required to run a full node does and shall remain in your sole and exclusive possession.

This will require everyone running a full node to download the new software in order to stay compatible with the network.

As a result, miners would likely be reluctant to concede any revenue to bitcoin nodes, which don't require pricey ASIC hardware to run.

On the other hand, there is a disincentive to run a popular routing node because it would require a large amount of bitcoins to be both locked up in terms of liquidity and yet exposed in terms of private key security.

In fact, the most accurate description of these add - on networks is that each Lightning implementation requires building completely separate networks run and secured by different third parties: pseudonymous node operators acting as payment processors.

But most Bitcoin users simply aren't willing or able to maintain their own node at home because it's just too complex and expensive — just running Bitcoin Core (the usual validation node software) requires around 150 GB of hard drive space and 2 GB of RAM.

the software required to run the node.

This is still under development and requires users to run full nodes of both Bitcoin and Zcash.

That means all full nodes running SegWit - aware code will begin requiring miners to enforce the new Segwit consensus rules.

It will be required to run a full Ethereum node.

Responsible for the maintenance and administration of a private LAN with 50 + nodes including two servers running Windows Server 2003, tasked also included daily backup operations, ensuring all required file systems and system data was successfully backed up to the appropriate media, creating recovery tapes or disks and sending off site as necessary.