Sentences with phrase «chain consensus protocol»

For developers, Cardstack is an open - source SDK that allows for the creation of composable, extensible apps, backed by our off - chain consensus protocol and a deep library of powerful drop - in functionality.

With this single token, users can pay for their entire mix of software usage, verified by our off - chain consensus protocol.

Not exact matches

Ethereum's current consensus protocol - the way the network agrees to add a new block to the chain - is called proof - of - work and requires resources to be expended as its «proof.»

With its BlockGrantX sponsorship program, it has allocated funds to Ethereum startups including iEx.ec (for fully distributed cloud computing), Proof - of - Identity (for KYC, wallets, multisig, voting, authentication and reputation systems), Golem (P2P computation), Casper (a proof - of - stake consensus protocol), the Raiden Network (an Ethereum off - chain state network) and Micro Oracles (blockchain identity verification).

Among the features in this latest open source distributed ledger product is on - chain governance, which lets members adjust the rules on the fly as required and dynamic consensus to modify the blockchain consensus protocol as the technology advances; advanced transaction execution, which provides the ability to execute transactions in parallel and support for multiple languages and Ethereum.

In Decker's view, off - chain protocols, such as the Lightning Network or Duplex Micropayment Channels, are desirable for long - term scalability because they evolve much faster and do not rely on consensus from the entire ecosystem to enable.