Sentences with phrase «block confirmation»

This is all done away from the blockchain initially so there's no need to worry about block confirmation times.

U.S. Sen. Kirsten Gillibrand plans to use a prerogative given to home - state senators to try to block the confirmation of Geoffrey Berman if he is nominated by President Trump as the United States attorney in Manhattan, her spokesman said.

You can choose to customize your bitcoin miner fee if you are willing to wait longer for a bitcoin block confirmation.

Most exchanges require 6 or 7 block confirmations before they credit a deposit, so you can see how it's basically impossible to move around bitcoin cash.

The idea is that transacting and settling would be done off - blockchain, so the fees are low and thanks to the implementation of smart contracts for security, the payments can be instant - no waiting time for block confirmation.

The Lightning Network aims to allow for «lightning - fast blockchain payments without worrying about block confirmation times,» meaning transactions can occur «in milliseconds to seconds.»

The GOP clearly dropped the ball on Sotomayor — and I don't mean in blocking her confirmation but in initiating a public dialogue on judicial activism.

Twenty - seven seconds and one block confirmation later, I am the proud owner of 500 newly minted «petsdotcoin» tokens.

A «51 % attack» could theoretically allow an entity that gained more than 50 % of bitcoin's total network hashpower to double - spend bitcoins, reverse transactions and prevent block confirmations.

The lightning network is expected to make robust cryptocurrency microtransactions a reality without having to worry too much about block confirmation which eats up a significant portion of any transaction throughput time.

If you've ever transacted across the Ethereum network, there's a good chance you've encountered slow block confirmation times or less than ideal transaction fees, especially during the CryptoKitties peak in December 2017.

As its name suggests, Lightning Network is a solution for near - instant blockchain payments that do not rely on block confirmation times, secured by smart contracts.

Lee wanted to reduce block confirmation timings of 10 minutes to 2.5 minutes, which would allow for both faster transaction clearance and in turn, lower transaction fees than Bitcoin.

To make matters worse for Bitcoin Cash, they implemented an «emergency difficulty adjustment» which has caused wildly oscillating hashrate, unpredictable block confirmation times with up to twelve hours between blocks, and increased the rate of inflation so much that the BCC block reward halving may occur in 2018 instead of 2020.

Senator Kirsten Gillibrand of New York said she intends to block the confirmation of Geoffrey S. Berman if he is nominated by President Trump as the United States attorney in Manhattan.

BitPay employs techniques to detect payments that are at risk of never receiving six (6) bitcoin block confirmations, however these measures do not completely eliminate the risk associated with unconfirmed payments.

Bitcoin takes nearly 10 minutes for block confirmation, whereas Litecoin takes only 2.5 minutes.

Some Democrats hoped Pruitt's difficulties would give them the votes to block the confirmation, but their efforts were not enough.

He also complained that Democrats were blocking the confirmation of State Department personnel, ambassadors and other government nominees.

Also at 7 p.m., a rally is held outside Schumer's residence as part of a nationwide day of action against Trump's «climate denial» cabinet nominees, calling on the newly - minted Senate minority leader to use his powers to block confirmations, 9 Prospect Park West, Brooklyn.

In response, Senate Democratic President Martin Looney says Fasano is marching in lockstep with Republicans in Washington in preparing to block the confirmation of an historic and highly qualified nominee.

He even called on the 48 - member Senate Democratic Caucus led by Sen. Charles Schumer to try to block the confirmation of Trump's Cabinet choices.

Looney says Republicans would be blocking the confirmation of a highly qualified nominee who would be the first openly gay state chief justice in the country.

Senator Kirsten Gillibrand plans to use a prerogative given to home - state senators to try to block the confirmation of Geoffrey S. Berman if he is nominated by President Trump as the United States attorney in Manhattan, her spokesman said on Wednesday.

Since 2013, Vitter has positioned himself as a close ally of the fossil fuel industry, attempting to block the confirmation of the Environmental Protection Agency administrator and going so far as to proclaim, «God bless the Koch brothers.»

Several U.S. Senators threatened to block confirmation of President Trump's EPA nominees, unless the agency abandons its plans.

While Republicans continued a steady barrage of attacks, none threatened to block her confirmation.

A payment of, say 1 BTC, could end up in the hands of the payee with its value either 20 % less or more than what was intended, over the period of one block confirmation.

You have the option to inform your Purchaser earlier about the status of the invoice; please note that BitPay is not liable for settling invoices with a payment that never receives six (6) block confirmations.

For any payments that are made using the bitcoin blockchain, an invoice is considered complete by us after the payment has six (6) block confirmations.

Fees of even $ 0.01 work for next - block confirmation, but some wallets use high fees by default.

Additionally, block confirmations may be very slow for quite a while, which could make using 148 BTC for transacting impractical.

For example, if you're going to McDonalds and order a burger you're not going to wait over ten minutes for a block confirmation before you're allowed to consume the burger.

EON is not a fully open source project, but those parts that cover the rules of consensus, emission and block confirmation will be published on Github.

This competition during a clogged mempool makes prediction of fees even more complicated adding to the uncertainty of block confirmations.»

Such an attack, organised by miners and / or supporters of the forked blockchain, can potentially lead to a change in the history of operations, block confirmation of transactions in the network and cause a temporary malfunction of the system.

Experienced investors benefit as well because they will instantly understand the efficiency of the ITT platform as it decreases the amount of time that they must spend observing various markets, calculating execution times, conversion routes and block confirmations each day, freeing them up to look for new targets.