Sentences with phrase «confirmation by the blockchain»

Fixed rate at the time of payment confirmation by the blockchain.

Fixed rate at the time of payment confirmation by the blockchain.

Not exact matches

A confirmation means your payment has been added to the blockchain so it's now officially part of the network and irreversible even by hackers.

For any payments that are made using the bitcoin blockchain, an invoice is considered complete by us after the payment has six (6) block confirmations.

«Creating a bi-directional blockchain with stellar will drive mass adoption of kin by providing faster confirmation times, low transaction fees and scalability,» Livingston said in a press release.

This issue is defined by the existence of a greater number of Bitcoin transactions that need to use the Bitcoin blockchain than the blockchain can immediately accommodate, and this issue manifests itself to users via occasionally longer wait times for transaction confirmation and higher transaction fees.

Also it can be instantly processed if they are «zero - confirmation» transactions, meaning that the merchant takes on the risk of accepting a transaction that hasn't yet been confirmed by the bitcoin blockchain.

According to the patent filed by Electroneum, the system is set to be a centralized app and a decentralized blockchain that will enable instantly confirmation to a vendor that the Electroneum user has enough funds for the payment they are about to make thereby reducing checkout time.

As its name suggests, Lightning Network is a solution for near - instant blockchain payments that do not rely on block confirmation times, secured by smart contracts.

Secure Browsing: - By using blockchain technology the BitVault ® dynamically verifies websites through a set of confirmation steps.