Sentences with phrase «for censorship resistance»

The need for censorship resistance in one's online transactions is the main use case of the Bitcoin blockchain that is not found anywhere else (outside of altcoins).

I am saying that in order for decentralized applications themselves to have utility to some cohort, that cohort must be optimizing for censorship resistance.

Not exact matches

The protest by Southern Weekly may be an unusual case of Chinese journalists» resistance to censorship, but it isn't a new dawn for freedom of speech or rebellion against the party.

Carolee Schneemann talks about painting, performance, censorship and resistance in a telephone conversation we recorded just days before she receives the Golden Lion for...

With an eye for daily encounters and moments of improvisation, his works address topics such as structural inequality, state suppression, censorship and forms of resistance.

For instance, Namecoin presents itself as an «experimental open - source technology which improves decentralization, security, censorship resistance, privacy, and speed of certain components of the Internet infrastructure such as DNS and identities.»

This blockchain solution can be a giant leap forward for financial services companies looking to employ a real private solution that remains true to many of the key bitcoin blockchain features without mining (Proof of Work), anonymity and censorship resistance while catering to the key design features that financial services are craving particularly scalability and confidentiality.

Censorship resistance is the only valid excuse for using the slow and expensive blockchain.»

There are tradeoffs when switching between centralized payment providers, such as Visa or Mastercard, and Bitcoin, and it's unclear if there is much point to paying for a morning coffee on a system where the main value proposition is censorship resistance.

«Maybe even more so than for other cryptocurrencies, decentralization is key to monero for ensuring censorship resistance,» binaryFate said.

The system must remain decentralized in order for this resistance to censorship to remain intact.

Bitcoin's censorship resistance also makes it useful for getting around capital controls in more economically - restrictive countries.

The scathing BitMEX report concluded: «The Ripple system appears for all practical purposes to be centralized... devoid of any interesting technical characteristics, such as censorship resistance.»

Removing the potential for a single point of failure, decentralizing gives way to three enduring principles upon which cryptocurrency rests: security, privacy, and censorship resistance.