Sentences with phrase «by wallet software»

This is hard to answer because ideally, it will be handled under the hood by wallet software.

Once a super-majority of miners agrees on the solution, Segregated Witness will be activated, and can be utilized by wallet software.

Not exact matches

To make the switch, the Satori malware accesses the cryptocurrency mining computer via port 3333 that runs Claymore Miner software, and once the wallet switch is made, all coins generated by the infected computer are channelled into the attacker's wallet.

Therefore, if John from London wants to pay Sophie from Sydney five bitcoins, he can log on to the blockchain using bitcoin software and send out a request to change the blockchain slightly to increase Sophie's bitcoin wallet by five bitcoins.

Desktop wallets can be installed on your computer by downloading a software application.

But you will be wrong: The messages can be sent by an automatic software, and their goal is for you to read them and respond, which means you need to open your wallet.

«In contrast to conventional online digital wallets the novel spliced / paired digital wallet design involves the private software key being separated or spliced into two separate smaller keys that can only access the contents of a digital wallet when paired together, but can not access a digital wallet separately by themselves.

The severity of the attack is heightened by the fact that, with Ledger's wallet software stored in the AppData folder, it is relatively easy for malware to modify the receiving address.

KeepKey works with the wallet software on your computer by taking over the management of private key generation, private key storage, and transaction signing.

You can increase the security of your software wallet by adding a spending password, PIN, or touch ID with some wallets like the BitPay wallet.

Electrum — a hybrid model of light clients for end users and full node servers run by hosts — is one of the most - used wallets in the Bitcoin ecosystem today; according to Voegtlin's estimations, his software processes up to 10 percent of all Bitcoin transactions.

As a software engineer for a bitcoin wallet, I'm fascinated by theories and proposals to improve the system.

An email sent by Mike Belshe, the co-founder and CEO of BitGo, a Bitcoin wallet software provider announced:

Sidechain Elements includes functioning code and a testing environment for working with sidechains with several components: the core network software to build an initial testing sidechain, eight new features not currently supported by Bitcoin, a basic wallet and the code for moving coins between blockchains.Blockstream's CTO and Bitcoin Core developer Gregory Maxwell explains Sidechain Elements in a video on the Blockstream website.

To transfer money from the paper wallet to someone else, you would first need to transfer money to a software wallet (by manually entering the private key into the software), and then transfer money from the software wallet to the recipient as usual.

Armstrong admits that this number can be «tough to measure», however he suggests to estimate it by counting users for major wallets and merchant software, as well as data for trading volume, which is public on most exchanges.

Desktop wallets can be installed on your computer by downloading a software application.

To get your own address / private key combination, it is not given to you by some authority like a bank, but rather you pick a random number and apply some maths to it — wallet software will do this for you.

You can help by contacting exchanges, wallet providers, and other ecosystem participants, and letting them know they should upgrade their software or run an updated version of Bitcoin ABC or other compatible software.

Users send and receive coins by sending messages to the network using compatible cryptocurrency wallet software.

«KeepKey works with the bitcoin wallet software on your computer by taking over the management of private key generation, private key storage, and transaction signing.

KeepKey, the cryptocurrency hardware wallet provider, who was acquired by ShapeShift earlier this month, announced an updated beta version of the KeepKey client software and device firmware which offers full support for Bitcoin Cash (BCH).

It has now been added by a hardware wallet to its software client as well as by two more...

And luckily even if you plug in your hardware wallet device into a computer that is affected by malicious software or viruses your private keys will not be compromised or be in any danger.

In addition to botnet resistance, the Argon2d algorithm is resistant to both GPU mining and ASICs, meaning that anyone with a computer, the Credits wallet software, and an internet connection can mine Credits without being forced out of the market by the widespread GPU and ASIC farms which are currently monopolizing most cryptocurrency mining.

Users can interact with EtherDelta in a variety of ways, either via Ledger Nano S hardware wallet which is known to be the safest way, or via a software wallet such as Metamask which is comparatively less safe or finally by just entering your private key into the site itself which is the least safe way.

(1) Mistakes made by the user of any DRONE - related software or service, e.g., forgotten passwords, payments sent to wrong DRONE addresses, and accidental deletion of wallets.

The Best Bitcoin Mobile Wallet services are all open source, this is because one of the best features of open source software is that a hacker can not hide any malicious code in the program since it could easily be read by anyone and removed rather quickly.

You may not want a software wallet due to the potential of malicious attacks by hackers stealing your funds, and instead want to look for a solution that is hardware - based.

Bitcoin Core version 0.16.0 has officially been marked for release by developers, ushering in a host of improvements to the wallet software's codebase.

You can also increase the security of software wallets by backing up data in case of system failure.

«All sides want the same thing - for bitcoin to be used by everyone,» Jameson Lopp, a software developer at bitcoin wallet provider BitGo, told CoinDesk.

The software steals Bitcoin keys by replacing other people's wallets with Price's wallets during transactions.

Claims of some Bitcoin wallet susceptible to hacking due to private keys generated by malicious software.

Access it on any computer through a software and also you can access it through Ledger Wallet by Google Chrome extension.

BTCC has been acquired by Hong Kong - based fund, will focus on mining pool, wallet software and crypto exchange going forward.

Hot storage wallets, or software wallets, are secured by at least a password, if not by 2 - factor authentication (2FA) using an app like Google Authenticator.

By storing the private key information within the microcontroller of the hardware wallet device, the key can not be moved off the device in plain text, and it is immune to any kind of software attacks by malware or viruseBy storing the private key information within the microcontroller of the hardware wallet device, the key can not be moved off the device in plain text, and it is immune to any kind of software attacks by malware or viruseby malware or viruses.

As previously reported, a bug in the code for the Parity wallet software was inadvertently exploited by an anonymous developer, a move that «suicided» its code library and resulted in 513,774.16 ETH - an amount worth approximately $ 160.8 million at current prices - being locked within 587 separate wallets.

«By providing additional infrastructure capacity we believe we enable the MEW team a little relief with dealing with infrastructure and allow them to focus on their core strength, which has been building excellent wallet software.»