Sentences with phrase «actual use of the cryptocurrency»

Not exact matches

While both ether and bitcoin are cryptocurrencies and can be traded, exchanged, and transacted between users, ether is largely used to pay for services and transaction fees on the network — enabling the development and distribution of applications — while bitcoin is used more closely to an actual currency and alternative therein.

If you're aren't completely sure, according to the English dictionary, a cryptocurrency is a form of digital currency, which can be used as actual funds.

Consider the actual use case of each cryptocurrency as well as the relative maturity of each.

The exchange rate that will be used for paying in coins, will be the equivalent of the price in USD at that moment (rates will be taken from online resources, the actual exchange rate may differ from the exchange rate used due to the volatility of the cryptocurrencies).

The extreme volatility of the biggest cryptocurrency alone undermines its use as an actual currency, and it is also not broadly accepted, Dutch man said.

While some use the coins to create a dialogue about cryptocurrency, others want to be able to hold and collect what they see as an actual piece of the technology's history.

«Given the novelty of both the cryptocurrency market and the use of blockchain technology, engaging the public through a notice - and - comment rulemaking process would help to inform the Commission about the relevant considerations in developing the elements of «actual delivery» and the potential unintended consequences in rendering such an articulation,» the notice reads.