Sentences with phrase «designed as a digital currency»

While Bitcoin was designed as a digital currency cash system, Ethereum (ETH) is designed to help companies deploy applications on the distributed blockchain.

Not exact matches

According to reports, the digital currency to be created will be based on blockchain technology (hence our argument that the move goes some way to validate cryptocurrency) and it's designed, primarily, as a tool that can facilitate cross-border transactions between the two countries.

Bitcoins are a new type of money, known as digital currency, designed for the Internet era.

Those who are protesting the Segwit2x hard fork say that Bitcoin is not a digital currency, was not designed to be a digital currency and should not be treated as such.

Cryptocurrencies are decentralized digital currencies designed to work as a means of exchange.

Other digital currencies such as ethereum are better designed for programmable «smart contracts» and have quicker transaction times versus bitcoin.

Bitcoin is what's known as a «cryptocurrency», a digital asset designed to replace and usurp traditional fiat currency.

cryptography world and cryptocurrenciesA cryptocurrency is a medium of exchange like normal currencies such as USD, but designed for the purpose of exchanging digital information through a process made possible by certain principles of cryptography.

XRP is marketed as a valuable link between the world of traditional banking and digital currencies, supposedly designed to revolutionize how banks move cash across borders, making transactions faster and cheaper.

Other digital currencies such as ethereum are better designed for programmable «smart contracts» and have quicker transaction times versus bitcoin.

The significance of Bitcoin is that its software design solved what is known as the «double spend problem» of digital currency, without involving intermediaries such as banks.

These regulations for cryptocurrency exchanges have designed more as a law, which will mandate that digital currency exchange businesses are in compliance with the country's AML / CTF requirements.

Swiss - Israeli technology firm Sirin Labs said that FIH Mobile Ltd, a subsidiary of world's largest contract electronics manufacturer Foxconn, will manufacture its Finney blockchain smartphone, which is designed to securely store and use digital currencies such as bitcoin in fee-less transactions.

HK), a subsidiary of world's largest contract electronics manufacturer Foxconn, will manufacture its Finney blockchain smartphone, which is designed to securely store and use digital currencies such as bitcoin in fee-less transactions.

April 4 Swiss - Israeli technology firm Sirin Labs said that FIH Mobile Ltd, a subsidiary of world's largest contract electronics manufacturer Foxconn, will manufacture its Finney blockchain smartphone, which is designed to securely store and use digital currencies such as bitcoin in fee-less transactions.

The new Delta cryptocurrency portfolio app provides the ultimate tool for managing digital currencies designed for both beginners as well as experienced investors in this cryptocurrency generation.

And because it is designed as a decentralized ERC20 token on the Ethereum blockchain, this means that the coin can be bought, sold and traded on digital currency exchanges that deal with Ethereum.

But today that changes, as Coinbase is announcing that they are adding site - wide support for Ethereum, a digital currency with a built in programming language designed to support and execute peer - to - peer digital contracts.

While originally designed as the backbone for a digital currency, it was soon realized that one can use the Bitcoin blockchain for other purposes.

Investors around the world have taken notice of Bitcoin's value and are pouring money into the digital currency, which is designed to be as anonymous as cash.

It is a digital currency that was designed to act as an alternative to traditional money which is created and managed by a central authority.

For instance, Bitcoin and other cryptocurrencies were designed exclusively to operate as peer - to - peer digital currencies.

Designed to offer fast and affordable online transactions, this open - source digital currency can be used as a form of payment for goods and services, a vehicle to trade for other currencies and a way to «tip» other Internet users who create or share popular content.

Similar to Bitcoin, Litecoin is a peer - to - peer transaction platform designed to be used as a digital currency.

24/7 Exchange is designed to make exchanging digital currencies, or exchanging fiat currencies for cryptocurrencies, as simple as possible.

And, just as some Bitcoin adherents see a digital currency as a desirable alternative to traditional fiat currencies, some of those opposing a change are simply opposed to change period, at least to changing anything specifically designed by Satoshi.