Sentences with phrase «on slow transaction»

Even more baffling is the fact that people are trying to blame wallet providers on slow transaction times instead of the bloated blockchain.

Not exact matches

That's not to say sales have been slow; of third - party estimates that put the value of transactions on BuildDirect between US$ 100 million and US$ 150 million this year, Booth says: «That would be in the right range.»

Progress was slow as the company focused on the Spotify transaction and was exploring the possibility of a Hong Kong listing as the city's exchange operator unveiled plans to encourage more tech companies to list in the city by loosening listing rules, reported IFR.

This means that transactions on blockchains are extremely slow when compared to normal computer speeds.

Under bitcoin's existing code, there's a tight limit on the amount of data that can be included in a batch of transactions, and as the network has grown in popularity, that limit has slowed the processing of payments.

The transaction announced on Thursday helps P&G Chief Executive A.G. Lafley streamline his Cincinnati - based company by shedding slow - growing brands and focus on about 80 brands that generate most of its profit and revenue.

It runs on a system set up after bitcoin to improve on it, with a network that rewards participants not just for mining and verifying blocks of transactions but also for providing and building network capacity, so improving on bitcoin's slow pace and lack of scalability.

They might even agree about a problem — say, fixing slow Bitcoin transactions — but disagree about how to solve it — larger blocks (and just how large), dynamic blocks, changing how the information is stored, transmitted, and so on.

If NoctCash was on Ethereum, the transactions were slower and expensive (a gas fee is needed for each action.)

The city is seeing slower growth in its revenue from personal income tax and taxes on real estate transactions, though it's been offset by strong property tax receipts.

Despite being a leader in the digital world, and mobile payments available on everything from petrol, to parking and café transactions, UK consumers have been slower than expected in using smartphone apps to pay for purchases.

Rather than a potentially «cumbersome, slow process» of seeking permission, it would be preferable for schools to publish details of related - party transactions on their websites soon after they've been entered into, he explained.

Paying financial advisors via commissions on transactions is widely considered to be an anachronism and there has been a slow, multi-decade movement away from it.

But I'm also very slow and deliberate when it comes to my transactions, so I never need to buy anything on impulse (that's what cash on hand is for.)

If your lender is slower at reporting monthly transactions, this can have a significant impact on how other lenders may view your file.

While it is anticipated that most transactions will be completed on the day of your selected processing date, it is understood that due to circumstances beyond the control of the Credit Union, particularly delays in handling and posting payments by slow responding companies or financial institutions, some transactions may take a day or even a few days longer to be posted to your account with those merchants.

A transaction fee designed to slow down frenetic activity and protect against «flash crashes» and glitches is imposed on intra-day trades.

Reliance on email during the closing stages of a transaction is slowing deals down and stressing out legal professionals.

In 2016, The DAO, ethereum's largest project to date, dissolved in a matter of months, and later, an attacker took advantage of cheaply priced code functions to spam the network for months on end, slowing down transactions and smart contracts.

Blockstack co-founder Muneeb Ali called it a «cat - and - mouse game» that could potentially continue to slow down transactions on the network, the second most popular by market cap.

New adoption slowed to a crawl, and in 2017 the number of transactions on the network began to decline for the first time in Bitcoin's nine - year history.

They might even agree about a problem — say, fixing slow Bitcoin transactions — but disagree about how to solve it — larger blocks (and just how large), dynamic blocks, changing how the information is stored, transmitted, and so on.

Statistics aggregated by companies such as Blockchain and Kaiko show a slow but steady increase in the health of Bitcoin on many measures over the past several months, including transaction volume, price, market capitalization and hash rate.

That limit, however, was supposed to be temporary, and now that the network is able to handle all transactions on - chain, the cap is forcing fees up and making bitcoin slower and less able to be a cash system.

At the heart of the dispute is an issue that has dogged bitcoin's development: as its popularity grew, transactions slowed because of a cap on the amount of data processed by the blockchain.

And transactions on the «original» Bitcoin network are likely to be slower and more expensive for some time.

Dorsey also mentions that it's the slow recording of bitcoin transactions on the blockchain that makes it ineffective, but he believes the issue will be fixed soon.

Because bitcoin operates on a decentralized network run by contributors around the world, transactions are slow and users pay a portion of their tokens to use the network's computing power.

Given that Bitcoin relies on SHA 256 hashing algorithms, transaction speeds have become really slow.

I previously discussed here on TNW the blockchain is already falling victim to its own popularity — with limited block sizes resulting in painstakingly slow transactions.

We're going to go out on a limb and assume they meant «miner» fees paid to Bitcoin miners to prioritize the processing of transactions on the legacy Segwit BTC network, the volume of which recently slowed to a two - year low.

The streaming speed is also quite slow on our implementation as we stick to smartcard standards — we use an ISO 7816 — 4 T = 0 encoding on top of HID to be able to move easily to CCID for vanilla ISO smartcards or NFC, and our transaction parser has to work around the RAM limitation of Ledger Nano (around 2 Kb available)

This, tied to the influx of users on the network, has led to a backlog and bottleneck which in turns means slow transactions, and expensive ones to boot.

Over the past few weeks, people have been complaining about high transaction fees and slow confirmation times on the bitcoin core network.

Support for the Bitcoin scalability upgrade Segregated Witness (SegWit), which is designed to make transaction fees slower and transactions times faster on the Bitcoin network, was added to the latest Bitcoin Core client version released on Feb. 15, 2018.

These difficulty oscillations are making block creation times very slow on the Bitcoin Cash network and are also resulting in a growing backlog of transactions in Bitcon as well.

Few retailers accept it, and processing transactions on the blockchain remains much slower than payment card networks, despite some recent technical changes.

He adds that slowed network speeds and soaring transaction fees on Bitcoin are fuelling RXP's growth.

«Previous atomic swaps that I have done were on - chain, and had the on - chain limitations of slow [transactions] and high transaction fees,» Litecoin creator Charlie Lee told Bitcoin Magazine, referring to an older trick to exchange different types of coins trustlessly.

With the 1 MB limit on each individual segment in the Bitcoin blockchain close to being reached, SegWit (Segregated Witness) was deployed to speed up transactions which had become frustratingly slow.

Previous atomic swaps that I have done were on - chain, and had the on - chain limitations of slow [transactions] and high transaction fees.

With thee decentralize nature comes with the issues and limitations, few of them includes the high transaction fee and slow transaction rate that we could see arising on the bitcoin blockchain network.

However, continuously scanning all deposit addresses for new transactions, added a heavy load on the system, causing the system to run slower for all users and was at times very unstable and unreliable and did not deliver the good customer experience we want to provide for our users.

While you can purchase almost every altcoin on the exchanges with bitcoin, the transaction speed can be very slow and the fees high.

With an average cost of $ 3 per single transaction, it is impossible to trade on such slow and insufficient platform.

The network that bitcoin runs on is increasingly becoming slower, and unable to handle the high level of transactions occurring.

The move by the conference is down to the relatively high fees and slows speeds for the transactions as of late, partially down to the levels of congestion on the network.

Two companies» announcements last month place renewed focus on how electronic signature technology can streamline the document approval and signing cycle, which often slows the completion of a real estate transaction.

Investors worry that if they sell a property now they will lose out on any advantages provided by the GOP's proposed lower tax structure and are holding off selling, which is slowing transaction activity.

As a result, the Pemberton market has seen an overall slowing in the number of sales, a rise in average transaction values, and a reduction in «Days on Market».