Sentences with phrase «as transaction speed»

Some of these currencies aim to improve upon Bitcoin's technical or operational difficulties, such as transaction speed and security.

Not exact matches

For many financial institutions, the blockchain recording system holds promise as a secure, improved and transparent method to speed up transactions, cut costs and eliminate fraud.

As the number of user increases the transaction speed also rises.

A system called Raiden is in development that will use Ethereum smart contracts to increase the maximum speed to as high as one million transactions per second.

Luno warned that comparisons of transaction speeds are tricky, as there are significant differences between cryptocurrencies and credit card payments.

Blockchain, the bitcoin - linked software ledger that's touted as a way to speed up and simplify how transactions are recorded, just won the backing of finance and technology titans including IBM, Wells Fargo & Co. and London Stock Exchange Group Plc..

The page paraphrases Ninou Sarwono, the firm's emerging technology lead, as saying, «All sorts of transactions — from stock and bond trades to voting — can be sped up, made more secure, and executed at lower cost using blockchain.»

As an aside to this, we have argued in the past that the premium of BTC over BCH should shrink over time; as long as BCH offers lower transaction costs and faster transfer speeds, we believe this trend should continue (or rather resumeAs an aside to this, we have argued in the past that the premium of BTC over BCH should shrink over time; as long as BCH offers lower transaction costs and faster transfer speeds, we believe this trend should continue (or rather resumeas long as BCH offers lower transaction costs and faster transfer speeds, we believe this trend should continue (or rather resumeas BCH offers lower transaction costs and faster transfer speeds, we believe this trend should continue (or rather resume).

Blockchain technologies can be used as a store of value, in trading and payment transactions, and to transfer and move money either domestically or international at a faster speed and a lower cost than the traditional financial institution or intermediary is able to — just to name a few use cases.

* one of the «post-fork» currencies alluded to above, Bitcoin Cash (BCH), seems actually superior to BTC, as its transaction costs are much lower and its transfer speed is much faster — and yet, it trades approximately at an 80 % to 85 % discount to BTC.

Whereas bitcoin has struggled with mainstream adoption as a unit of transaction, Litecoin appears to be making faster progress in terms of transaction speed and affordable fees.

Perhaps, such reasons are premised on their growth potentials as well as transaction confirmation speed and marketability.

An advanced version of the technology, which requires Segregated Witness, can even be utilized as a second - layer payment hub to reduce transaction costs and speed up confirmation times.

With xChainge you can be sure to have almost the same transaction speed as that of centralized exchangers due to their unique Matcher nodes.

Litecoin enthusiasts cite transaction speed, supply size and use case as the major catalysts for its expansion.

Just as the name suggests, Lightning Network is a technology upgrade that allows transactions to process at high speeds.

you can be sure to have almost the same transaction speed as that of centralized exchangers due to their unique Matcher nodes.

The computer's performance has generally been improved through upgrades in digital semiconductor performance: shrinking the size of the semiconductor's transistors to ramp up transaction speed, packing more of them onto the chip to increase processing power, and even substituting silicon with compounds such as gallium arsenide or indium phosphide, which allow electrons to move at a higher velocity.

At one point he even throws Douglas and LaBeouf into a speeding New York cab as they plan a transaction.

We may share personally identifiable information you provide to us online with representatives within the Department of Transportation's Operating Administrations and related entities, other Federal government agencies, or other named representatives as needed to speed your request or transaction.

We may share personally identifiable information you provide to us online with representatives within DOT's Operating Administrations and related entities, other federal government agencies, or other named representatives as needed to speed your request or transaction.

Digital technology is seen as a way to speed up the transaction as well as make the deal easier for both customers and dealerships.

So far, the pickup in Bitcoin cash, in the transactions market, has been slow but it is expected to pick up speed and strength in the coming days as more and more traders and investors begin to realize that it is here to stay.

As the real time Forex trading is totally electronic it means that the speeds of execution of the transactions are very fast, and this allows the trader to buy and sell quickly enough with the help of analysis to predict movements in the currency pairs that are based on fundamental and technical trading indicators.

And in a business transaction, she really doesn't see you as a zealous defender of her risk management - driven legal position, but, let's be honest, as a speed - bump in getting her contract done — she'd much rather focus on the new deal she has in the works than talk to you.

As the HIP legislation does not displace caveat emptor, the new process does little if anything to increase the speed of the transaction once price terms have been agreed.

As well as a full service offer we provide clients with a «go to» contact who manages their transactions and is up - to - speed with their portfolio and business needAs well as a full service offer we provide clients with a «go to» contact who manages their transactions and is up - to - speed with their portfolio and business needas a full service offer we provide clients with a «go to» contact who manages their transactions and is up - to - speed with their portfolio and business needs.

He later commented that bitcoin does not presently have the means to serve as «effective» cash for all, citing its slow transaction speeds, costly trading fees and general volatility as the main issues to overcome, though he does believe the public will garner greater access to bitcoin in the future as the technology behind it improves.

The FTC announced today it has settled with PayPal over a complaint about the company's handling of privacy disclosures in its peer - to - peer payments app Venmo, its lack of disclosure over the speed with which customers could access funds, as well as other issues related to the security and privacy of customer transactions.

An advanced version of the technology, which requires Segregated Witness, can even be utilized as a second - layer payment hub to reduce transaction costs and speed up confirmation times.

While this month's confrontation ended up as little more than a speed bump in bitcoin's more than 300 percent rally in 2017, concerns remain around the capacity to increase transaction volumes.

Mira is aiming to solve current problems with cryptocurrency faced by both experienced users and complete noobs, including the complicated process of buying and selling, transaction speeds, anonymity issues and security compromises, all which feature heavily when dealing with exchanges, as well as online and hardware wallets.

While TrueBit is one of many in - progress scaling solutions being engineered for the ethereum platform - working alongside mechanisms such as sharding, state channels and Raiden - it distinguishes itself by focusing on the computational power of the network at large, instead of just transaction speed.

With a capacity for massive on - chain scaling, Bitcoin Cash enables dramatically faster transaction processing speed and lower fees, allowing it to act as the true Bitcoin rather than the static commodity that the original Bitcoin, also known as SegWit1X, has become.

Champions of this newer layer, including Lightning Labs, see it as a way to exponentially boost the number and speed of transactions of the bitcoin blockchain without increasing the size of blocks — batches of transactions that are confirmed and subsequently shared on bitcoin's public ledger.

The startup has notably just launched its beta version of the Lightning Network, a protocol layer built above the bitcoin blockchain to speed up the transaction process, as well as lower fees.

As a refresher, Bitcoin Cash was created when Bitcoin «forked» in early August, by a group of developers who wanted to alter Bitcoin's code so the blockchain could process more transactions at a faster speed, as well as require a much lower feAs a refresher, Bitcoin Cash was created when Bitcoin «forked» in early August, by a group of developers who wanted to alter Bitcoin's code so the blockchain could process more transactions at a faster speed, as well as require a much lower feas well as require a much lower feas require a much lower fee.

As a temporary measure, restarting bitcoin will clear the mempool and speed performance, but nodes constantly send each other unconfirmed transactions and the memory may eventually fill again.

As Lee points out, Litecoin is in the middle of adopting a number of new technologies (such as Segregated Witness or SegWit) that increase its transaction speed — bitcoin backers have been trying to implement similar improvements for months, but the process has been caught up in internecine fightinAs Lee points out, Litecoin is in the middle of adopting a number of new technologies (such as Segregated Witness or SegWit) that increase its transaction speed — bitcoin backers have been trying to implement similar improvements for months, but the process has been caught up in internecine fightinas Segregated Witness or SegWit) that increase its transaction speed — bitcoin backers have been trying to implement similar improvements for months, but the process has been caught up in internecine fighting.

In July 2017, the EOS token sale generated over $ 185 million in its first 5 days, block.one, the developer of the EOS.IO software, intends for EOS to support distributed applications that have the same look and feel as existing web - based applications, but with all of the benefits of the blockchain — namely transparency, security, process integrity, speed and lower transaction costs.

We are delighted that through this implementation we can provide our customers with bitcoin withdrawal fees that are up to 20 percent lower, as well as faster - than - ever transaction speeds.»

For instance, if BCH can deliver on its promise to speed up transactions as well as reduce size limits, we could be looking at a better overall coin than BTC.

Improvement of the Bitcoin protocol allowing the implementation of new improvements such as speed and transaction costs.

The issue of delayed transactions with platforms such as SWIFT, Western Union, Money Gram and some mobile payment systems can be solved using blockchain technology as it is able to provide higher transaction speed than its peers.

Even with the high speed and low cost of transactions, most of bitcoin's infrastructure such as the remittance platforms, payment systems, and wallets have no support for bitcoin cash and see it as an altcoin.

The development of scaling solutions such as Sharding and Plasma that can expand the transaction capacity of the Ethereum network can be sped up through funds and grant systems like ECF, and with that, Ethereum could evolve into a better platform for decentralized applications.

Announced in 2015, Raiden is one of ethereum's answers to scaling, as it seeks to shift the majority of transactions off the main ethereum blockchain and thereby massively increase transaction speeds — potentially enabling millions of transactions per second.

One of the reasons why cryptocurrencies such as Bitcoin are not being used to the extent many would hope is because of speed with transactions can be completed.

As the Lightning Network rolls out, another technology meant to speed up transactions, Segregated Witness, gains traction.

Whilst now the transaction fees are not as low as they were back in 2014, the speed and ease of the payment, as well as growing adoption of bitcoin and other cryptocurrencies, make this option very much still viable.