Sentences with phrase «as the blockchain effectively»

Additionally, as the blockchain effectively exists anywhere in the world, it has no geographical limitations.

Not exact matches

[CEO Pavel] Durov's idea is to launch an entirely new blockchain, using the Telegram's 180 million users as rocket fuel to power forward into mainstream adoption off cryptocurrency and making Telegram, effectively, a kingmaker of other cryptocurrencies, because of its existing scale.

Durov's idea is to launch an entirely new blockchain, using the Telegram's 180 million users as rocket fuel to power forward into mainstream adoption off cryptocurrency and making Telegram, effectively, a kingmaker of other cryptocurrencies, because of its existing scale.

One side effect that publishers might enjoy from this application of blockchain technology is that in tracking the ownership of a game license, it effectively acts as DRM for their products.

As clients demand expertise in blockchain, more firms will continue to come on board with the idea of using the program to manage the sale of assets more efficiently and effectively than with other means.

A new company called Polychain Capital has raised $ 10 million in capital for a hedge fund made up of cryptocurrencies such as bitcoin; The state of Global Blockchain Consortia; Non-profit advocacy group called the Blockchain Association of Ireland (BAI) will launch on Dec14; The Central Bank of Ireland recently granted Facebook Payments International Limited (FBPIL) an e-money license, which effectively allows Facebook to facilitate peer - to - peer payments on its platform; Bitgive Launches Blockchain Transparency Platform Givetrack; Dollar debt issuance soars as central banks take a back seat: BIS report;

Instead, the Bitcoin blockchain can be effectively utilized as a tool for lowering transactional friction.

Durov's idea is to launch an entirely new blockchain, using the Telegram's 180 million users as rocket fuel to power forward into mainstream adoption off cryptocurrency and making Telegram, effectively, a kingmaker of other cryptocurrencies, because of its existing scale.

[CEO Pavel] Durov's idea is to launch an entirely new blockchain, using the Telegram's 180 million users as rocket fuel to power forward into mainstream adoption off cryptocurrency and making Telegram, effectively, a kingmaker of other cryptocurrencies, because of its existing scale.

Effectively, as CoinTelegraph writes, we can use blockchains to «turn in - game items and currency into unique crypto assets that can suddenly be owned just like real - life objects are.»

Hailed as one of the most potent solutions to cryptocurrency scaling currently under development, the lightning network effectively creates a layer on top of bitcoin, enabling fast and cheap transactions which can net settle to the bitcoin blockchain.

Still, the wild card appears to be whether bitcoin cash has effectively shifted perception, as the blockchain boasts an 8 MB block size, considerably higher than the 2 MB block size Segwit2x will introduce.

As a result, malicious users could replicate a transaction from one blockchain to the other, effectively receiving twice the cryptocurrency.

The blockchain does not care what type of data is contained in the ledger, as it is effectively just a list of records.

Because the counterparty in these cases is effectively the blockchain itself rather than an individual or an organization, it not only creates a high degree of trust but also stands as a fully reliable, untamperable system that is independent of other factors.

The term is used to describe ICON's high - performance blockchain that effectively connects to any other blockchain without going through an intermediary such as a centralized exchange.

Perklin will continue in his role as president of C4, a nonprofit standards organization dedicated to developing and maintaining standards and personnel certification to help companies more effectively use blockchain technology.

In many ways, this isn't wholly surprising, as blockchain technology holds a vast number of benefits for companies that are able to employ it effectively.

As atomic swaps effectively link blockchains, the lightning network links payment channels.

As previously reported by CoinDesk, the proposed derivatives would enable miners to more effectively hedge against the ever - increasing difficulty of mining (the energy - intensive process by which new transactions are added to the blockchain), as well as the declining value of their mining hardwarAs previously reported by CoinDesk, the proposed derivatives would enable miners to more effectively hedge against the ever - increasing difficulty of mining (the energy - intensive process by which new transactions are added to the blockchain), as well as the declining value of their mining hardwaras well as the declining value of their mining hardwaras the declining value of their mining hardware.

So they've focused on a technological upgrade called Segregated Witness (known as SegWit in the industry) that separates cryptographic signatures from the rest of the blockchain data, thus effectively increasing block size.

To recap, SegWit has been proposed as a means of effectively increasing the capacity of bitcoin transaction blocks by changing how the space within them is used, rather than outright increasing the size of the data blocks on the blockchain.