Sentences with phrase «ownership of a certain amount»
It is the inverse of the concept of proof of the work, the proof of stake does not request the users to use their computing power to compete with each other to solve any mathematical puzzle, but rather to prove the ownership of a certain amount of crypto - currency stake in the network.
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Instead, a private key (secure digital code known only to you and your wallet) is stored that shows ownership of a public key (a public digital code connected to a certain amount of currency).
Due to recent disputes over the ownership of certain reviews, we felt it necessary to afford ourselves a certain amount of protection under the law.
Situations that would normally lead to a lease being classified as a finance lease include the following: the lease transfers ownership of the asset to the lessee by the end of the lease term; the lessee has the option to purchase the asset at a price which is expected to be sufficiently lower than fair value at the date the option becomes exercisable and that, at the inception of the lease, it is reasonably certain that the option will be exercised; the lease term is for the major part of the economic life of the asset, even if title is not transferred; at the inception of the lease, the present value of the minimum lease payments amounts to at least substantially all of the fair value of the leased asset, and; the lease assets are of a specialised nature such that only the lessee can use them without major modifications being made.
By focusing on the ownership of a book, it's not just about fostering reading, but about fostering the understanding that books have a certain amount of power in our lives.
If you're a new card owner, you can usually find one that will give you bonus miles when you spend a certain amount in the first few months of ownership.
However, after a certain amount of time has passed, such as two or three years of policy ownership, the beneficiary would be eligible to receive all of the stated death benefit upon the insured's passing.