Sentences with phrase «decentralised currency»
"Decentralised currency" is a phrase used to describe a form of money that isn't controlled or regulated by any central authority, like a government or a bank. Instead, it operates on a decentralized network of computers, using advanced technology called blockchain. This means that everyone connected to the network can participate in managing and verifying transactions, ensuring transparency and security without relying on a single authority. Full definition
The «decentralised convention for decentralised currency» in Nigeria is among other CoinFest events occurring...
bitcoinafrica.io
«As most traders already know, Bitcoin was the world's first decentralised currency and, until recently, it could only be traded on a Bitcoin Exchange.
Regardless of this, the coin has gained genuine respect among the bitcoin community due to its unique cryptographic algorithms and the promise to become the first truly anonymous decentralised currency in wide use.
However, bitcoin and other decentralised currencies, the project of PBOC refers to a government - issued digital money.
It goes far beyond anonymity and convenience, decentralised currency challenges large flaws in our society and our reliance on archaic financial institutions.
The «decentralised convention for decentralised currency» CoinFest will take place in early April in multiple cities across the globe.
While this might sound somewhat similar to Bitcoin, there are major differences between the two, the main one being that Bitcoin is a decentralised currency — a store of value and a means of payment — whereas Ripple focuses on a single use case: sending money as fast as information.
between the two, the main one being that Bitcoin is a decentralised currency — a store of value and a means of payment — whereas Ripple focuses on a single use case: sending money
Its a decentralised currency!
While this might sound somewhat similar to Bitcoin, there are major differences between the two, the main one being that Bitcoin is a decentralised currency — a store of value and a means of payment — whereas Ripple focuses on a single use case: sending money as fast as information.
between the two, the main one being that Bitcoin is a decentralised currency — a store of value and a means of payment — whereas Ripple focuses on a single use case: sending money
Being a decentralised currency, Bitcoin transactions do not involve any financial intermediary like banks and no central authority like State Bank of Pakistan (SBP) has any sway over it.
Bitcoin is a decentralised currency which means that it is not controlled by anyone.
A decentralised currency that did not depend on any authority and eliminated (as it seemed at the time) any need for a third party was indeed very attractive to people who wanted more freedom from the government.
Dimon went on to say that he was sceptical that authorities would allow a decentralised currency to exist without government oversight.