Sentences with phrase «electronic cash»

In the white paper, it is described as a «free open source peer - to - peer electronic cash system that is completely decentralized».
It was simply released as a peer - to - peer electronic cash system.
This money is a purely peer - to - peer version of electronic cash which allows online payments to be sent directly from one party to another without going through a financial institution.
But I want bitcoin to be a widely used electronic cash.
The cashier position at your store needs excellent customer service skills, proficiency in mathematics and familiarity with electronic cash registers.
«I think it's a really compelling idea that government - controlled banks could issue electronic cash,» he said.
A: Electronic cash functions like ordinary cash, but it is «virtual» and stored in a computer.
The donations are proving how perfect a peer - to - peer electronic cash system can be for those in need.
When bitcoin was created, it was introduced as a public, distributed peer - to - peer electronic cash system.
Q: Could we use electronic cash to implement congestion pricing?
Bitcoin Cash is peer - to - peer electronic cash for the Internet.
«I've been working on a new electronic cash system that's fully peer - to - peer, with no trusted third party,» wrote a newcomer to the thread alongside an abstract and a link to a nine - page academic paper.
In fact, nChain has already formed partnerships with several organizations and invested in ventures offering products and applications that made Bitcoin Cash more usable, easily as electronic cash on a global basis.
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.»
Wei Dai, back in 1998, created a proposal for an «anonymous, distributed electronic cash system» called B - Money, which was based on the proof - of - work function for the «creation» of money.
Bitcoin Cash focuses on electronic cash transfers of peer - to - peer level.
In other news related to Bitcoin Cash, there is an ongoing P2P electronic cash - to - food system in Venezuela dubbed «eat BCH» that is revolutionizing charity and feeding the needy.
«Bitcoin had four main value propositions - anonymous electronic cash; cheap and scalable transfer of wealth; programmable money; [and] absolute scarcity as a store of wealth,» he explained.
«The Village Catalog is a place to find a quality product and have it shipped quickly and at a reasonable price — We use bitcoin cash because it's peer - to - peer electronic cash in its original form: it is easy and cheap to transact with and secure to use,» explains the Village Catalog.
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.
Bitcoin has gone from being a white paper named Peer to Peer Electronic Cash which caught the fascination of the Techie community in November 2008 to being taken very seriously by Governments, Investors and Consumers as the value increased and continues this upward trend.
A purely peer - to - peer version of electronic cash [which] would allow online payments to be sent directly from one party to another without going through a financial institution.
The biggest game in town is electronic cash management — the ability to access account information directly, without a visit to a real or an automatic teller.
POS Solutions Point of sale system offers a full POS system including electronic cash registers and card processing terminals which allows you to accept payment at the table and split the bill instantly.
You can often link your savings or checking account to your pre-paid debit card for convenient electronic cash loading as an alternative to visiting office locations to use cash.
And electronic cash based tolling systems were implemented temporarily in Holland and Japan in the early 90's.
A: Users would purchase electronic cash and use it «charge up» their EZ - pass transponders.
The authors note that many electronic cash schemes were proposed before Bitcoin, but none of them achieved widespread use.
Bitcoin achieved compelling capabilities and widespread use because blockchain technology enabled electronic cash to be implemented in a distributed fashion without controlling bodies and single points of failure.
An August 2017 fork of Bitcoin with an 8mb block size limit, Bitcoin Cash is intended to resolve Bitcoin's scaling issues and facilitate its use as peer - to - peer electronic cash suitable for everyday transactions.
Before Bitcoin there was never electronic cash; we had numbers being stored in the database of a financial institution like a bank or Paypal, whose rules you had to comply with in order to open an account and use, and whose permission you had to seek before being able to move the money.
New Peer - to - Peer Electronic Cash Bitcoin PRO Launches to Overcome the Limitations of Standard Bitcoin
Nowadays almost everyone has heard of Bitcoin — a digital payment system and self - described electronic cash for the Internet.
«I believe this decision by the SEC today is a temporary detour on bitcoin's inevitable path that will sooner or later lead to every Wall Street and Main Street investor being able to participate in this promising technology of the future, and in parallel, adoption will continue apace for the disruptive, internet native, digital gold and electronic cash properties from which bitcoin derives its value.»
Implemented electronic cash registers and trained three new cashiers in operation of the same.
Back in 2008, under the pseudonym Satoshi Nakamoto, an email was posted to a cryptography mailing list about a new electronic cash system that they designed, with properties that many for years had been trying to create, but were never successful at.
Ver, an early Bitcoin investor, said he is a fan of Bitcoin Cash due to its low fees and fast confirmations, which makes it much more in line with the original vision of true decentralized, peer - to - peer electronic cash with more efficient transaction capacity.
This hard fork has created a new form of electronic cash for the Internet — Bitcoin Cash (BCH).
for an «anonymous, distributed electronic cash system» called B - Money, which was based on the proof - of - work function for the «creation» of money.
While Bitcoin is, still the most popular cryptocurrency, focus is slowly shifting towards the likes of Lumens that offer more synergies when it comes to peer - to - peer electronic cash transfer.
Users have concerns that this roadmap and new economic direction dances obliquely around a shift of bitcoin from a network for P2P cash payments to a settlement system for as - yet - incomplete technology such as side chains or payment channels, pushing out businesses that bought into the original «P2P electronic cash» vision of bitcoin.
The event celebrated the use of Bitcoin Cash as a sustainable electronic cash system that enables faster, safer, more efficient global transactions.
However, it's difficult to imagine the creation of bitcoin, let alone the hundreds of other digital currencies which have since launched, without the earlier attempts at cryptocurrencies and electronic cash in the decades before bitcoin was launched.
Bitcoin Platinum claimed to achieve «Satoshi's original vision of Bitcoin as decentralized electronic cash,» copying the vision of Bitcoin Cash.
✔ Well versed in maintaining manual and electronic cash registers updated.

Phrases with «electronic cash»

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