Sentences with phrase «by a central authority»

In comparison, traditional currencies are controlled by a central authority.

Like many other cryptocurrencies, it provides a peer - to - peer transaction system that is not managed by any central authority.

It is organic and is not issued by any central authority, rendering it theoretically immune to government interference or manipulation.

The distribution is unique: records are not communicated to various nodes by a central authority, but are instead independently constructed and held by every node.

Most online exchanges are controlled by central authorities (businesses) which control your cryptocurrency wallets, because you do not have access to your wallet's keys.

It is a digital currency that was designed to act as an alternative to traditional money which is created and managed by a central authority.

According to reports, Russians will not be allowed to mine cryptocurrency, a process that will be maintained by a central authority.

To a large extent, postdoc salaries are controlled by a central authority in the form of NIH, which sets stipend levels for training grants (again with the «t» word) and also limits salaries that can be paid by investigator - initiated grants.

Children will remain in advocacy until an approved family has been officially matched by the Central Authority in the child's country.

For starters, here's an overly simplified explanation of Bitcoin: It's a digital currency (there are more than 800 now) that isn't controlled by a central authority such as a government or bank.

Unlike the fiat currencies that are subject to regulation by the central authorities of the country in which they issued, the CryptoBank cryptocurrency is decentralized, and therefore is not subject to geopolitical and age restrictions.

In this system, participants granted access to the trail can monitor the live version of the data without intermediaries or oversight by a central authority.

not controlled by any central authority like it's the case with fiat currency.

For economic theory it is the free market, rather than order imposed by a central authority, that resolves the problem.

«In autocratic governments, economic decisions are made by a central authority» - It is the only way a democratic government can function.

[C] ooperation, like everything else in nature, is spontaneous, not commanded by a central authority.

These accomplishments imply organized feats of labor and planning enacted by a central authority.

We all fantasize about a world in which student learning growth on math and reading tests is calculated and used by central authorities to judge quality, but the reality is that very few school systems actually rely heavily on value - added measures (VAM).

«The ledger that is basically owned by the central authority is distributed across a network of notes.

BITCOIN: A digital, or crypto, currency that enables payment in a decentralized peer - to - peer (P2P) network not governed by any central authority or middleman.

On the bright side, Bitcoin has emerged as the most sought - after decentralized, secure, digital currency uncontrolled by any central authority.

In other words, free transactions are not as important as the freedom to make any transaction, because the former can be turned off with the flip of a switch at any time by the central authority.

Through the efforts made in the past and the ones being made now, we can see the overwhelming need for decentralized services that are not operated by a central authority and are thus considered more secure as they do not provide cybercriminals with centralized points of failure that can be easily compromised.

Litecoin follows an open source global payment network which can not be accessed by any central authority.

With a decentralized identity system, a person could manage his or her entire online identity without the worry of it being censored or abused in any way by a central authority.

Even fiat currencies such as the US dollar and Indian rupee do not have intrinsic value, given that their valuations are decided by two major factors: the market's demand and the manipulation of supply by central authorities.

All children are referred directly by the Central Authority after the prospective adoptive parents» application has been registered.

Fiat is currency issued by a central authority that artificially and unilaterally increases its volume at will.

In considering the circumstances referred to in this Article, the judicial and administrative authorities shall take into account the information relating to the social background of the child provided by the Central Authority or other competent authority of the child's habitual residence.

Unlike traditional currencies, bitcoins are not managed by a central authority and exist only in cyberspace.

According to reports, Russians will not be allowed to mine cryptocurrency, a process that will be maintained by a central authority.

The submission of a Letter of Intent (LOI) or Commitment does not guarantee approval or official match by the Central Authority.

It is not contractually backed by assets or legal currency laws, it is not controlled by a central authority and it is not a tangible good.

Because the Bitcoin code is not managed by a central authority, changes to the code require buy - in from developers and miners.

The other defining feature of Bitcoin is it isn't controlled and issued by a central authority, but rather a decentralized network of computers; users who «mine» Bitcoin.

It is a peer - to - peer cryptocurrency that is operated on an open - source cryptographic protocol and is not controlled by any central authority.

Cryptocurrencies are decentralized — free of government control or commercial banks, but the «J Coin» would be issued by a central authority.

And all of this fits perfectly with the agenda to cull the population, put the masses in eco cities under total big brother surveillance and with ALL «luxuries» such as water, electricity, travel heavily rationed and controlled by a central authority... in other words the kind of society Hitler could only have dreamt about... yet thanks to «green» propaganda some of us are begging to have this model imposed upon us!

Article 30 Any application submitted to the Central Authorities or directly to the judicial or administrative authorities of a Contracting State in accordance with the terms of this Convention, together with documents and any other information appended thereto or provided by a Central Authority, shall be admissible in the courts or administrative authorities of the Contracting States.

Any application submitted to the Central Authorities or directly to the judicial or administrative authorities of a Contracting State in accordance with the terms of this Convention, together with documents and any other information appended thereto or provided by a Central Authority, shall be admissible in the courts or administrative authorities of the Contracting States.

[4] Creation and transfer of coins is based on an open source cryptographic protocol and is not managed by any central authority.

In other words a digital asset is created, a value determined — and by consensus reached by investment, value is settled by a network of participants rather than by a central authority or government.