Sentences with phrase «global ledger»

Blockchain can authenticate a richer, more accurate global ledger of a company's actual social and environmental performance, providing society with a more realistic assessment of its impact.

If you think of Bitcoin as a single global ledger, a Bitcoin transaction is a lot like a bank check.

The problem with Bitcoin is that it's not completely anonymous, because everything is recorded on a publically shared global ledger (the blockchain).

Like Bitcoin, Ripple is a shared public database and global ledger.

Everledger is a digital, global ledger that tracks and protects items of value.

Moving on from use cases derived from the technology's currency and payment network, these groups are looking to use the «written in Stone» qualities of Bitcoin's global ledger, the blockchain.

Bitcoin can be thought of as a global ledger and Bitcoin transactions as bank checks.

A hard fork is essentially an upgrade to the global ledger.

Moving on from use cases derived from the technology's currency and payment network, these groups are looking to use the «written in Stone» qualities of Bitcoin's global ledger, the blockchain.

If not everyone upgrades, instead of one global ledger, there are two: the legacy ledger and the forked ledger.

Because a global ledger is digital, anyone who wants to can audit that ledger by downloading an entire copy of the blockchain.

If everyone upgrades, there remains only one global ledger.

To understand transaction malleability, it helps to think of Bitcoin as a global ledger and transactions as bank checks, as described in my previous SegWit article.

To keep the global ledger consistent and cheat - proof, everyone that wants to can audit the ledger by auditing these blocks (boxes of checks).

Transaction identifiers are particularly important because, as a global ledger, Bitcoin is organized around these transaction identifiers.

Miners play a crucial role in any cryptocurrency system as they are responsible for grouping unconfirmed transactions into new blocks and adding them to the global ledger (the «blockchain»).

The blockchain is a global ledger available publicly, and it can record and authenticate a lot of digital transactions regardless of location.

This is best described as something similar to a global ledger made up of something similar to private blockchains.