Sentences with phrase «because ethereum transactions»
Another investor, Nicolas, who asked that his surname remain anonymous, sent CNBC a trail of the money — because ethereum transactions are on the blockchain, they can be tracked, though the person behind them remains anonymous.
https://www.cnbc.com/ Not exact matches
And they're worthless for payments because Bitcoin and Ethereum's blockchain technology can't handle nearly the same volume of transactions as Visa Inc., he added.
That's because ethereum depends on a network of «nodes», each of which stores the entire ethereum transaction history and the current «state» of account balances, contracts and storage.
Because of a hard - coded limit on computation per block, the ethereum blockchain currently supports roughly 15 transactions per second compared to, say, the 45,000 processed by Visa.
We often hear of how slow blockchain is because of Bitcoin and Ethereum's limited transactions per second.
Even if the developers tried to bring back every Ether to each respective owner, developers could not edit the transactions made because of the security feature of Ethereum.
Promises are extremely useful for DApps because transactions need to be mined into the blockchain (takes 12 — 15 seconds in Ethereum).
Because of a hard - coded limit on computation per block, the ethereum blockchain currently supports roughly 15 transactions per second compared to, say, the 45,000 processed by Visa.
That's because ethereum depends on a network of «nodes», each of which stores the entire ethereum transaction history and the current «state» of account balances, contracts and storage.
The OpenST utility chains also extend the established ETH gas market to pay for transaction fees, but the utility chains can run at lower cost because Mosaic validators can operate in a collaborative environment guarded by Ethereum's adversarial Proof - of - Work.
Because each cat and transaction is hosted within the Ethereum network, it has clogged up the network and has caused major slow - downs.
Because of the rapid increase in price the Ethereum network experienced a significant traffic inflow from new users that have slowed down the transaction time.
Because the fund is built upon the Ethereum blockchain, investors are granted full transparency of every transaction the portfolio makes.
Because decentralized applications like CryptoKitties can severely congest the Ethereum network by processing several transactions every time an order is executed, an efficient scaling solution is necessary to address the growing demand.
Complete transparency: Because the fund is built upon the Ethereum blockchain, investors are granted full transparency of every transaction the portfolio makes.
The KeepKey wallet is perfect if you're using multiple cryptocurrencies or looking to build a portfolio of digital assets because it enables the storage and transaction of a variety of cryptos, including Bitcoin, Ethereum, Litecoin, Namecoin, Dash, and Dogecoin.
Because of Ethereum's technological setup it is much more powerful to process transactions.
Buterin has over time stated that the Ethereum network is working on how to improve its transactions to avoid problems that have bee faces in the past because of high number of transactions being sent in at a time.
Interestingly, Ethereum continues to process the highest number of transactions per day, almost double that of BTC — mainly because of the tokens built on top of Ethereum.
Though truebit is lesser - known than scaling solutions like raiden and sharding, the technology is perhaps more ambitious because it's designed to scale any type of ethereum computation, rather than just transactions.
The Ethereum network has to process more transactions than other blockchain networks because it operates as the base protocol for large - scale decentralized applications.