Sentences with phrase «entirely different blockchain»
Segwit was originally meant to be a hard fork back in 2016, but since this would have meant splitting the coin into two on entirely different blockchains and devaluation of the coin — core team settled with UASF first and then segwit.
http://www.bitcoinprice.com/ Not exact matches
But creating a whole new blockchain, with all the encryption, security and infrastructure required, is an entirely different undertaking.
«This method is an entirely different approach to identity verification, and together with SecureKey, we have a head start on putting it on the Blockchain,» she says.
To summarize, despite their technical similarities to cryptocurrency blockchains, permissioned blockchains are being used for entirely different things.
Newer blockchains and other cryptocurrencies either have much shorter block times or use an entirely different system altogether such as relying on masternodes or something similar to resolve scaling issues.