Sentences with phrase «computers nodes in the network»

In order to use the service, buyers and sellers will be required to download a desktop app, which essentially makes their computers nodes in the network.

Not exact matches

Unlike the open free - for - all that is Bitcoin, in which anyone with a computer can participate in the network, the nodes that run Quorum must receive permission from some higher authority to join.

Every Bitcoin transaction that has ever occurred is listed in the blockchain, and every node (i.e. computer) in the Bitcoin network has its own copy.

Behind the television coverage, however, large numbers of people on the street are nodes in a communication network, using telephones, computers, and fax machines, where messages can not be controlled.

In April 2004, Austrian financial institutions performed the first money transfer encrypted by quantum keys, and in June, the first encrypted computer network with more than two nodes was set up across 10 kilometres in Cambridge, Massachusetts, UIn April 2004, Austrian financial institutions performed the first money transfer encrypted by quantum keys, and in June, the first encrypted computer network with more than two nodes was set up across 10 kilometres in Cambridge, Massachusetts, Uin June, the first encrypted computer network with more than two nodes was set up across 10 kilometres in Cambridge, Massachusetts, Uin Cambridge, Massachusetts, US.

The 8 Series also introduced the use of a CAN (Controller Area Network) bus computer network in an automobile, where a series of microcontroller nodes are networked to function without a central host computer — a precursor to OBD or On - Board DiagnNetwork) bus computer network in an automobile, where a series of microcontroller nodes are networked to function without a central host computer — a precursor to OBD or On - Board Diagnnetwork in an automobile, where a series of microcontroller nodes are networked to function without a central host computer — a precursor to OBD or On - Board Diagnostics.

To handle it all, the 8 Series pioneered the use of a CAN (Controller Area Network) system in an automobile — a series of microcontroller nodes networked to a function without needing a central host computer.

A transaction is the transfer, and not only a copy, of a certain amount of units from A to B. Each transaction is validated by a defined minimum number of computers, called nodes, and stored in an identical and chronological order by all nodes of the network with multiple stored transactions building a block on the chain of computers.

Every node (computer) in the network runs something called Ethereum Virtual Machine (EVM).

Cryptocurrency Miners are simply computers, or «Nodes» to be specific in Cryptocurrency terminology, which are connected to each other in the Bitcoin network or other cryptocurrency network.

Then it won't be enough for a computer to be in range of the Wi - Fi node and have the password / break the encryption, the device intruding on the network will also need to have the MAC address of a device on your router's whitelist.

As detailed in the project's official Slack channels, some users had problems connecting their nodes to other computers on the network.

Each computer in the network serves as a node of the blockchain network and contains a copy of the entire bitcoin transaction record.

In laymen's terms, a full node refers to a computer that is connected to a specific cryptocurrency blockchain network, which downloads all transactions and...

In this kind of transaction, the individual making the payment uses the network's distributed computer nodes to distribute the data and make the payment.

Unlike the open free - for - all that is Bitcoin, in which anyone with a computer can participate in the network, the nodes that run Quorum must receive permission from some higher authority to join.

Rizun and Stone's work appeared open - minded in light of past criticisms that have presented larger block proposals as ones that would perhaps weaken bitcoin's network of nodes, or the computer clients that store full copies of the bitcoin blockchain.

Launched in January 2009, the bitcoin peer - to - peer network involves thousands of independent nodes using powerful computer systems.

There is one notable security flaw in bitcoin and other blockchains: if more than half of the computers working as nodes to service the network tell a lie, the lie will become the truth.

In laymen's terms, a full node refers to a computer that is connected to a specific cryptocurrency blockchain network, which downloads all transactions and blocks available on the blockchain.

The entire Ethereum network is a giant mass of nodes (computers) connected to one another that enforce, execute and validate programs in a decentralized manner.