Sentences with phrase «chain transactions require»

Off chain transactions require trust in the company holding your coins, making them no different from banks that handle our money.

Even with increases in block size it was estimated that the blockchain capacity could only support about 800 million users with micropayment channels due to the number of on - chain transactions required to open and close channels,» read the paper.

Not exact matches

Actual results, including with respect to our targets and prospects, could differ materially due to a number of factors, including the risk that we may not obtain sufficient orders to achieve our targeted revenues; price competition in key markets; the risk that we or our channel partners are not able to develop and expand customer bases and accurately anticipate demand from end customers, which can result in increased inventory and reduced orders as we experience wide fluctuations in supply and demand; the risk that our commercial Lighting Products results will continue to suffer if new issues arise regarding issues related to product quality for this business; the risk that we may experience production difficulties that preclude us from shipping sufficient quantities to meet customer orders or that result in higher production costs and lower margins; our ability to lower costs; the risk that our results will suffer if we are unable to balance fluctuations in customer demand and capacity, including bringing on additional capacity on a timely basis to meet customer demand; the risk that longer manufacturing lead times may cause customers to fulfill their orders with a competitor's products instead; the risk that the economic and political uncertainty caused by the proposed tariffs by the United States on Chinese goods, and any corresponding Chinese tariffs in response, may negatively impact demand for our products; product mix; risks associated with the ramp - up of production of our new products, and our entry into new business channels different from those in which we have historically operated; the risk that customers do not maintain their favorable perception of our brand and products, resulting in lower demand for our products; the risk that our products fail to perform or fail to meet customer requirements or expectations, resulting in significant additional costs, including costs associated with warranty returns or the potential recall of our products; ongoing uncertainty in global economic conditions, infrastructure development or customer demand that could negatively affect product demand, collectability of receivables and other related matters as consumers and businesses may defer purchases or payments, or default on payments; risks resulting from the concentration of our business among few customers, including the risk that customers may reduce or cancel orders or fail to honor purchase commitments; the risk that we are not able to enter into acceptable contractual arrangements with the significant customers of the acquired Infineon RF Power business or otherwise not fully realize anticipated benefits of the transaction; the risk that retail customers may alter promotional pricing, increase promotion of a competitor's products over our products or reduce their inventory levels, all of which could negatively affect product demand; the risk that our investments may experience periods of significant stock price volatility causing us to recognize fair value losses on our investment; the risk posed by managing an increasingly complex supply chain that has the ability to supply a sufficient quantity of raw materials, subsystems and finished products with the required specifications and quality; the risk we may be required to record a significant charge to earnings if our goodwill or amortizable assets become impaired; risks relating to confidential information theft or misuse, including through cyber-attacks or cyber intrusion; our ability to complete development and commercialization of products under development, such as our pipeline of Wolfspeed products, improved LED chips, LED components, and LED lighting products risks related to our multi-year warranty periods for LED lighting products; risks associated with acquisitions, divestitures, joint ventures or investments generally; the rapid development of new technology and competing products that may impair demand or render our products obsolete; the potential lack of customer acceptance for our products; risks associated with ongoing litigation; and other factors discussed in our filings with the Securities and Exchange Commission (SEC), including our report on Form 10 - K for the fiscal year ended June 25, 2017, and subsequent reports filed with the SEC.

Once you finish a block transaction in every mining process, you will be required to apply a hash algorithm, which in turn creates the next block at the end of that block chain.

For blockchain - based supply chains to take hold, participants will need to resolve the questions of how to deal with anonymous transactions, how to manage growing pains of the technology, and how to institute the required suite of standards, risk management frameworks and applications needed in financial services.

Lightning - style «off - chain'transactions could bring the technology's capabilities closer to how users were told it was «supposed to be» - fast and nearly limitless in supply, while still not requiring users to trust any intermediary.

• High - risk countries: banks will be required to enhance their due dili - gence checks on financial transactions from high risk countries, including those on the harmonised list of non-EU countries with poor AML controls • Access to beneficial owners» registers: a higher level of transparency on the true beneficiary own - ers of companies will be achieved through the creation of national regis - ters and information shar - ing between EU member states these operators are able to compete on fair terms, thereby contributing to the overall efficiency of the chain.

Lightning - style «off - chain'transactions could bring the technology's capabilities closer to how users were told it was «supposed to be» - fast and nearly limitless in supply, while still not requiring users to trust any intermediary.

The Litecoin transaction sends 200 litecoins from Alice to Bob, but requires the same secret number on both chains.

Generally LN transactions are cheaper, more useful for smaller transactions and have better privacy properties, but bigger transactions, which require off - line signatures will most likely utilize the on - chain atomic swaps.

For example, consider the «digital gold» value proposition, which doesn't require as many cheap, on - chain transactions.

The system will wait until it has the required amount of block chain transactions before the transaction.

Payment channels are the building blocks of off - chain scaling solutions, but alone they are not enough since they would require opening a channel (and locking liquidity) with every person you want to do transactions with.

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.

«Except in the case of disputes (similar to conventional payment channels), our solution does not require on - chain transactions and therefore increases the scalability of existing blockchains.»

«Transfers are more or less instant, and don't require the cost of an on - chain transaction.

Blockchain transactions don't require an intermediary to confirm each action as each device on the network has a history of each transaction that has taken place and can verify the legitimacy of the rest of the chain.

To these users» benefit, this should also mean that the channel updates («off - chain transactions») are cheaper because they don't require mining fees, and are faster because they don't require blockchain confirmations.

If Alice could pay Bob through an off - chain transaction, and Bob could pay Carol through an off - chain transaction, then Alice should be able to pay Carol through Bob without requiring any on - chain transactions.

Importantly, these balances can be updated without requiring any on - chain Bitcoin transactions; where the balance of one user increases, the balance of the other decreases by the same amount.

In short: Opening and closing a payment channel on the LN requires an on - chain transaction, but all transactions in the middle are confirmed instantly, with almost no fee, and with a very high degree of privacy.