Sentences with phrase «creation of a new cryptocurrency»
As a hard fork results in the creation of a new cryptocurrency, each Bitcoin investor receives an equal number of whatever the new coin may be.
fortune.com
As you well know, on August 1st, 2017 a hard fork occurred with Bitcoin that led to the creation of a new cryptocurrency.
The world of hip - hop, kung fu movies, and crypto collide due to the announcement of the creation of a new cryptocurrency.
This has led to the creation of a new cryptocurrency called Bitcoin cash.
As explained by Belshe, the initial objective of the SegWit2x team and its supporting companies was to carry out an upgrade on the Bitcoin protocol, without pursuing a contentious fork that could lead to the creation of a new cryptocurrency, like the Bitcoin Cash hard fork in August.
He is a co-creator and inventor of Ethereum, described as a «decentralized mining network and software development platform rolled into one» that facilitates the creation of new cryptocurrencies and programs that share a single block chain (a cryptographic transaction ledger).
Bitcoin proper will be basically unaffected by the creation of the new cryptocurrency, and all holders of Bitcoin will get equivalent funds in Bitcoin Cash on the day of the fork.
As a hard fork results in the creation of a new cryptocurrency, each Bitcoin investor receives an equal number of whatever the new coin may be.
So far, each one has resulted in the creation of a new cryptocurrency and not much in terms of improving transaction speed on the existing Bitcoin network.
While both ICOs and Bitcoin hard forks end up in the creation of a new cryptocurrency, the main difference between Initial Coin Offerings (ICOs) and hard forks is that the latter initiates an immediate value for Bitcoin holders.
As you well know, on August 1st, 2017 a hard fork occurred with Bitcoin that led to the creation of a new cryptocurrency.
China recently banned initial coin offerings, a global fundraising trend promoting the creation of new cryptocurrencies, and shut down cryptocurrency exchanges operating in China.
Hard forks are usually initiated when miners disagree about a planned upgrade in bitcoin architecture, leading to the creation of a new cryptocurrency.
Previously the changes in price got rather evident explanations like influential decisions of governments, creation of new cryptocurrencies and so on.
The prospect of the creation of a new Cryptocurrency (in this case, a new chain) from the parent token has been always highly sought after, as shown by Bitcoin's fork Bitcoin Cash, as well as later forks as well.
US President Donald Trump announced earlier today, 1 April 2018, that he will sign an executive order to allow for the creation of a new cryptocurrency, WALL.
Only one of these hardforks resulted in the creation of a new cryptocurrency which was Ethereum classic.
In a bid for reelection, Seoul's mayor, Park Won - soon, has promised local government support for blockchain startups and even the creation of a new cryptocurrency, the «S Coin», for use in South Korea's capital.
Uniti, a Swedish electric car company that is in the midst of an investment crowdfunding round, has announced the creation of a new cryptocurrency and forthcoming Initial Coin Offering (ICO).
It comes as little surprise that Romanenko is vouching for blockchain technology as payment operator Qiwi announced the creation of a new cryptocurrency called Bitrubles in 2016.