Sentences with phrase «by central authorities»

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.

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.

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).

It's simply a buildup of risk; an attempt by central authorities to guide the economy.

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.

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

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.

We could talk about the traditional money's traditional pitfalls and legacy weaknesses — geography bound, proportional to the strength of the government's ability to run the nation, the value being fixed by a central authority and such.

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

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

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.

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

Mecca remained a city - state because Arabia had never been effectively controlled by a central authority.

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

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.

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.

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.

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

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

Secondly, they are global instruments, not national ones and they are funded using Bitcoin, Ethereum and other cryptocurrencies which are not controlled by any central authority or bank.

In fact, the Bitcoin blockchain represents the first solid, working implementation of distributed consensus — for the first time, everyone can agree on what transactions took place, and who owns what, because everything is recorded on a tamper - proof public ledger that doesn't need a central server and can't be controlled by any central authority.

Ok, so XRP is created and given out by a central authority.

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

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.

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

It underlined the value of a currency that isn't controlled by a central authority — the principal that defined the creation of Bitcoin over 10 years ago.

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.

In this way, more people will be able to be involved in the cryptocurrency sphere, even when these last currencies will be centralized and controlled by a 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.

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

Like most other cryptocurrencies, Litecoin is not controlled by any central authority or regulatory body.

The creation of the coin is based on the open source cryptographic protocol and thus it is not managed by any central authority.

As Bitcoin is entirely digital and not controlled by any central authority, one of the biggest concerns for many people is how vulnerable it is to hackers....

This coin is not managed by any central authority and its technical details are nearly same as Bitcoin (BTC).

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.

Since Bitcoin is a decentralized system that is not controlled by any central authority, whether or not such an upgrade is deployed and adopted by the network is determined by several key decision - makers that must agree to the change: Bitcoin developers, economic Bitcoin nodes, bitcoin - holding users, and bitcoin miners.

But the Cryptoruble will be controlled by a central authority that will decide how many Cryptorubles will be issued and at which price.

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

Not exact matches

It is kept by a distributed network of computers managed by many people, rather than one central authority.

Unlike modern fiat money, Bitcoin, which has often been called «cash for the Internet,» is not controlled or backed by any bank or central government authority, like the Federal Reserve, for example.

«Journalistic work by the party's news media should reflect the party's will and views, protect the authority of the central party leadership, and preserve the party's unity,» he told CCTV at the time.

This differs from permissionless systems, like those used by blockchain pioneers such as Bitcoin, which have no central authority.

The European Central Bank (ECB) stopped all payments by one of Latvia's largest lenders on Monday, after its liquidity position collapsed in the wake of allegations from U.S. authorities.

The artist, Brian Andrew Whiteley, says that after The Trump Tombstone was discovered by authorities in Central Park, police tracked him down and he was interrogated by the Secret Service «to make sure [he] wasn't mentally ill.»

Blockchain technology could also increase investor confidence in products whose underlying assets are opaque or where property rights are made uncertain by the role of central authorities, the report says.

So by definition the Federal Reserve Bank of Atlanta is the central banking authority of every bank in the greater Sarasota - Bradenton region.