Sentences with phrase «main uses of cryptocurrencies»

«There are two main uses of cryptocurrencies today.

Not exact matches

More than just capable, they're one of the main tools used by cryptocurrency miners.

Considering that the volatility of cryptocurrency is one of the main factors that discourages people from using it, the implementation of Dai deposits would notably expand the client base

We will cover the main options how to start using cryptocurrencies, and especially Bitcoin — the most popular cryptocoin as of today.

And so, the main issue is that it seeks to avoid classifying cryptocurrency as money as defined, and instead it sort of unintentionally creates a problem where anybody, particularly in small businesses that are trying to make use of this very innovative technology are suddenly facing a regulatory burden which they can not possibly deal with.

With Ripple's main competitor, Swift building its own blockchain using Hyperledger, and a rising tide of upstarts with their own variations on the cross-border payments use case, it's this use of Ripple's native cryptocurrency that Treacher thinks will elevate the company above the competition.

The main goal of Litecoin Cash is to enable miners to make efficient use of their SH -256-design hardware, as they can use it on mining multiple cryptocurrencies.

On Tuesday, a group of miners split off from the main bitcoin blockchain — meaning they started using a new, incompatible software — creating a new cryptocurrency called Bitcoin Cash.

Our main goal is to help members reach financial freedom, with the use of cryptocurrencies and ICOs including other markets like forex, stocks, and commodities.

Instead of having to use a bank account, debit card, or fiat as the main means of purchasing cryptocurrency, Paxful allows more than 300 ways for a person to buy Bitcoin, such as through gift cards.

FCT is the main cryptocurrency used by Factom's ecosystem whose main purpose is to record various types of data in a scalable layer added on top of the bitcoin blockchain, such as for instance the 28,000 books gathered by Project Gutenberg.

While the main uses of Ethereum and Ether make it quite different from bitcoin, arguably the biggest difference is in the underlying technology itself — and what that means for other cryptocurrencies.

One of the main problems with cryptocurrencies, which makes some of the most popular look a lot like bubbles, is that they're simply being hoarded as collectables rather than actually used.

It is also the used as the main platform for cryptocurrency which shares a public ledger of data that can be accessed by all -LSB-...]

Unlike other cryptocurrencies that may have more sophisticated uses, like smart contracts for Ethereum, Bitcoin's main uses are being a store of value and a medium of exchange.

«Currently, the main uses of blockchain is in cryptocurrencies and securing data,» he says, «as due to its decentralised nature the information [it records] can't be tampered with.»

Despite the continued diversification of cryptocurrencies used for illicit payments, the researchers expect Bitcoin will «remain one of the main payment instruments, albeit with a significantly smaller market share.»

The main declared objective of the Foundation was to promote the use of the cryptocurrency.