Sentences with phrase «by public nodes»

Not exact matches

These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a block - chain.

Singular psyches are better conceived, in the view I have been sketching, as fleeting nodes in a multi-layered semiotic network whose connectivities are both ensured and characterized by shared modes of symbolization, or signification, such as language supplies.24 Here the «We» often claims the last word, but so long as some vestige of radical imagination remains, singular psyches are not subservient to public customs, institutional definitions, entrained instincts, ingrained habits, and soon.

Inspired by the facial recognition techniques and algorithms currently in use in various public and private enterprises, including social media, Oursler employs a web of geometric designs, scattered data points, and various registration nodes integral to the composition of each work.

It provides a decentralized virtual machines or as it is technically called Ethereum Virtual Machine (EVM) which is designed to execute those smart contract scripts by using an international network of public nodes.

In most chains like Bitcoin and Ethereum, nodes are run by the public.

And others spin up nodes on public clouds in data centers which are then operated by the enterprise.

Basically, permissioned blockchains would offer the advantages of digital currencies powered by public blockchain — fast and cheap transactions permanently recorded in a shared ledger — without the troublesome openness of the Bitcoin network where anyone can be a node on the network anonymously.

Permissioned blockchains would offer the advantages of digital currencies powered by public blockchains — fast and cheap transactions permanently recorded in a shared ledger — without the troublesome openness of the Bitcoin network where anyone can be a node on the network anonymously.

Bitcoin transactions are verified and recorded by several unique network nodes on a distributed public ledger called a blockchain to ensure redundancy and prevent fraud or counterfeit.

Ethereum transactions are verified and recorded by several unique network nodes on a distributed public ledger called a blockchain to ensure redundancy and prevent fraud or counterfeit.

Well the answer is that bitcoin offers the largest public blockchain in the world, the network is kept secure and active by the thousands of nodes and miners that operate within it; and business owners can create scalable products on top of bitcoin's blockchain with this security in mind.

«In a public blockchain anyone in the world can send transactions to and expect to see them included if they are valid, and anyone in the world can participate in the consensus (transaction) process... In a consortium blockchain consensus process is controlled by a pre-selected set of nodes; for example, one might imagine a consortium of 15 financial institutions....

It works as a peer to peer network where transactions are made between users, synchronized and confirmed by the connected nodes and broadcasted as public information.

What we're left with is a Blockchain in which large amounts of data can be stored by specialized nodes (unlike public Blockchains) while remaining publicly verifiable.

Transactions are verified by network nodes and recorded in a public distributed ledger called the blockchain.