Sentences with phrase «payment channel requires»

So opening a payment channel requires writing on the blockchain to protect against double - spend.

The Siacoin cryptocurrency is an irreplaceable element of the Sia network, since all storage contracts and payment channels require having this digital currency.

Not exact matches

Actual results, including with respect to our targets and prospects, could differ materially due to a number of factors, including the risk that we may not obtain sufficient orders to achieve our targeted revenues; price competition in key markets; the risk that we or our channel partners are not able to develop and expand customer bases and accurately anticipate demand from end customers, which can result in increased inventory and reduced orders as we experience wide fluctuations in supply and demand; the risk that our commercial Lighting Products results will continue to suffer if new issues arise regarding issues related to product quality for this business; the risk that we may experience production difficulties that preclude us from shipping sufficient quantities to meet customer orders or that result in higher production costs and lower margins; our ability to lower costs; the risk that our results will suffer if we are unable to balance fluctuations in customer demand and capacity, including bringing on additional capacity on a timely basis to meet customer demand; the risk that longer manufacturing lead times may cause customers to fulfill their orders with a competitor's products instead; the risk that the economic and political uncertainty caused by the proposed tariffs by the United States on Chinese goods, and any corresponding Chinese tariffs in response, may negatively impact demand for our products; product mix; risks associated with the ramp - up of production of our new products, and our entry into new business channels different from those in which we have historically operated; the risk that customers do not maintain their favorable perception of our brand and products, resulting in lower demand for our products; the risk that our products fail to perform or fail to meet customer requirements or expectations, resulting in significant additional costs, including costs associated with warranty returns or the potential recall of our products; ongoing uncertainty in global economic conditions, infrastructure development or customer demand that could negatively affect product demand, collectability of receivables and other related matters as consumers and businesses may defer purchases or payments, or default on payments; risks resulting from the concentration of our business among few customers, including the risk that customers may reduce or cancel orders or fail to honor purchase commitments; the risk that we are not able to enter into acceptable contractual arrangements with the significant customers of the acquired Infineon RF Power business or otherwise not fully realize anticipated benefits of the transaction; the risk that retail customers may alter promotional pricing, increase promotion of a competitor's products over our products or reduce their inventory levels, all of which could negatively affect product demand; the risk that our investments may experience periods of significant stock price volatility causing us to recognize fair value losses on our investment; the risk posed by managing an increasingly complex supply chain that has the ability to supply a sufficient quantity of raw materials, subsystems and finished products with the required specifications and quality; the risk we may be required to record a significant charge to earnings if our goodwill or amortizable assets become impaired; risks relating to confidential information theft or misuse, including through cyber-attacks or cyber intrusion; our ability to complete development and commercialization of products under development, such as our pipeline of Wolfspeed products, improved LED chips, LED components, and LED lighting products risks related to our multi-year warranty periods for LED lighting products; risks associated with acquisitions, divestitures, joint ventures or investments generally; the rapid development of new technology and competing products that may impair demand or render our products obsolete; the potential lack of customer acceptance for our products; risks associated with ongoing litigation; and other factors discussed in our filings with the Securities and Exchange Commission (SEC), including our report on Form 10 - K for the fiscal year ended June 25, 2017, and subsequent reports filed with the SEC.

It proposes a different way to settle payment channels on Lightning, and, notably, requires a soft fork to the Bitcoin Core protocol.

Raiden introduces the concept of payment channels through a smart contract to enable secure off - chain transfers that don't require blockchain consensus.

Aimed to allow developers to familiarize themselves with the payment channel tech and its API prior to the official release, as well as feedback on potential issues, the preview isn't yet safe to use on the main ethereum blockchain as it still requires a security audit.

Such payment channels have a predetermined limited life, it is indeed insecure for Bob to keep using the channel after the time - lock expires, requiring the closing of the channel before that date.

Payment channels are the building blocks of off - chain scaling solutions, but alone they are not enough since they would require opening a channel (and locking liquidity) with every person you want to do transactions with.

Currently, according to the document, the European Union has already revised its Payment Services Directive since January this year, which requires banks in the region to open up their communication channels, such as API, to blockchain applications that require payment account integrations, for inPayment Services Directive since January this year, which requires banks in the region to open up their communication channels, such as API, to blockchain applications that require payment account integrations, for inpayment account integrations, for instance.

Audience enthusiasm was more pronounced early in the day as proposals for longstanding ideas such as payment channels via the Lightning Network were demonstrated with renewed clarity, while developer Pieter Wuille wowed with segregated witness - a proposal for scaling the bitcoin blockchain without requiring a hard fork.

Another idea and a solution that would require no changes to the Bitcoin protocol at all is for exchanges to set up payment channels with their customers.

«Except in the case of disputes (similar to conventional payment channels), our solution does not require on - chain transactions and therefore increases the scalability of existing blockchains.»

Such systems do not require a full - blown network but instead already benefit greatly from direct payment channels.»

Google points out that any YouTube videos that already require some sort of payment, such as renting movies or TV shows, paid channels and pay - per - view events, are not covered by YouTube's Red service.

Most steps during the payment process in an LN channel don't actually require full knowledge of the blockchain or even the unconfirmed (mempool) transactions.

a two - tier payment channel that required users to exchange several partially signed multisignature transactions and transactions with timelocks that depended on one another to be valid.

Sprint — With Sprint Easy Pay, well - qualified buyers can purchase the black AQUOS Crystal in all Sprint retail channels including www.sprint.com/sharp and Telesales (1800 - SPRINT1) beginning Friday, Oct. 17, with $ 0 down (plus tax) and 24 monthly payments of $ 101 (service plan is required).

Bitcointalk forum user «hashcoin» outlined a two - tier payment channel that required users to exchange several partially signed multisignature transactions and transactions with timelocks that depended on one another to be valid.

In short: Opening and closing a payment channel on the LN requires an on - chain transaction, but all transactions in the middle are confirmed instantly, with almost no fee, and with a very high degree of privacy.

According to the protocol's white paper, Tenx's COMIT leverages Payment Channels and Hashed Timelock Contracts (HTLC) across chains to solve the problem of double spending attacks without requiring a settlement onto the underlying blockchains.

You do not have to pay any kind of monthly fees with Roku 4 itself, but some channels do require additional payment for access.