Sentences with phrase «decentralized electronic cash»
Bitcoin Platinum had given a tagline that it wished to achieve, «Satoshi's original vision of Bitcoin as decentralized electronic cash,» which seemed like a rip off from the vision of Bitcoin Cash which was hard forked during August earlier this year.
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In the white paper, it is described as a «free open source peer - to - peer electronic cash system that is completely decentralized».
Bitcoin is actually more than just currency, but it's first application was a system of electronic cash that is decentralized (not owned by anyone or any one government or organization).
Bitcoin offers one particular application of blockchain technology, a peer to peer electronic cash system that enables online Bitcoin payments, the Ethereum blockchain focuses on running the programming code of any decentralized application.
Cryptocurrencies, as decentralized systems of electronic cash, drastically changed our approach to payment instruments, saving investments, and attracting capital.
Unlike bitcoin which offers a single application of blockchain technology (a peer - to - peer electronic cash system), the Ethereum blockchain allows you to run any decentralized application.
Dr. Craig Wright, chief scientist of blockchain technology and research development group nChain, lauded the initiative for seeking «to achieve a truly decentralized, peer - to - peer electronic cash with higher, more efficient transaction capacity.»
Australian academic and inventor Dr. Craig Wright recently lauded the initiative for seeking «to achieve a truly decentralized, peer - to - peer electronic cash with higher, more efficient transaction capacity.»
About Bitcoin PRO: Bitcoin PRO is a new peer - to - peer electronic cash that promises to address the technical limitations of standard Bitcoin by delivering an ecosystem that is faster, less expensive, and fully decentralized.
Almost a decade down the line, Bitcoin PRO is all set to unleash their new peer - to - peer electronic cash that offers all the features of standard Bitcoin with higher speed, lower fees, and a completely decentralized ecosystem.
However, I applaud the efforts of whoever is behind Bitcoin Cash to achieve a truly decentralized, peer - to - peer electronic cash with higher, more efficient transaction capacity,» Wright said in a statemCash to achieve a truly decentralized, peer - to - peer electronic cash with higher, more efficient transaction capacity,» Wright said in a statemcash with higher, more efficient transaction capacity,» Wright said in a statement.