Sentences with phrase «maximum value of currency»

One example method includes allocating an initial currency value to a genesis address, the initial currency value representing a maximum value of currency to be managed in the blockchain network; identifying a new member to add to the blockchain network; generating an address for the new member; and transferring an amount from the genesis address the address for the new member, the transferred amount equaling an amount to be managed by the new member in the blockchain network.»

Not exact matches

Ethereum on the other hand has no maximum supply, and is capped at an annual rate of 18 million ether — meaning that the purchasing power of a deflationary currency (bitcoin) is expected to rise over time, whereas the value of an inflationary currency (ether) will drop.

Previously, the central bank assigned a value to the currency each morning, allowing its value against the dollar to rise or fall by a maximum of 2 percent.

Since monetizing these points will yield a maximum value of 1 cent per point, you'll probably be best - served earning these flexible currencies with the intention of redeeming them for flights through their airline transfer partners.