Sentences with phrase «achieve immutability»
Writing in a blog on Seal's website, chief marketing officer David Gingell said recently: «Without a doubt, the current focus on Smart Contracts is to be welcomed and Seal fully supports the progress made so far to use distributed ledger technology to reduce work, achieve immutability and improve execution times.
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Over the past 12 months, blockchain technology has been marketed as a magical technology behind bitcoin that allows any banking system or financial network to achieve the same level of immutability of bitcoin.
For one, cryptocurrency advocates claim that immutability can only be achieved through decentralized economic mechanisms such as proof - of - work.
Cryptocurrency advocates claiming that immutability can only be achieved through decentralized economic mechanisms such as proof - of - work.