Sentences with phrase «permitted by blockchain»

Not exact matches

He continues in the latest issue, «Bitcoin can't be debased by unlimited issuance, since the blockchain process has been set to permit only a gradual increase from today's 16 million, to 21 million in 2140.

A previous Bitcoin Magazine article provides a step - by - step explanation of a simple example where two users agree to swap agreed amounts of BTC and LTC and use the multisig and time lock features available in both Bitcoin and Litecoin basic scripting to synchronize two transactions on two independent blockchains without having to trust each other.It's worth noting that Lightning Network payment channels, now enabled by SegWit, make atomic swaps more powerful and easier to implement, and permit adding support for off - chain swaps.

A reduction in the processing power expended by miners on the Bitcoin Network could increase the likelihood of a malicious actor or botnet obtaining control in excess of 50 percent of the processing power active on the Bitcoin Network or the Blockchain, permitting such actor or botnet to manipulate the source code of the Bitcoin Network in a manner that adversely affects an investment in the Shares or the ability of the Trust to operate.

By clicking the checkbox, the Purchaser: (i) consents and agrees to the Terms and the Ether Product Purchase Agreement; (ii) represents and warrants that the Purchaser is legally permitted to purchase ETH in the Purchaser's jurisdiction and is legally permitted to receive products of Swiss origin; (iii) represents and warrants that the Purchaser is of a sufficient age to legally purchase ETH or has received permission from a legal guardian who has reviewed and agreed to these Terms; (iv) represents and warrants that the the Purchaser will take sole responsibility for any restrictions and risks associated with the purchase of ETH as set forth below; (v) represents and warrants that Purchaser is not exchanging bitcoin (BTC) for ETH for the purpose of speculative investment; (vi) represents and warrants that the Purchaser is acquiring ETH for the use of decentralized application services or the purchase of tokens specific to forthcoming decentralized applications on the Ethereum Platform, or to facilitate development, testing, deployment and operation of decentralized applications on the Ethereum Platform; and (vii) represents and warrants that the Purchaser has an understanding of the usage and intricacies of cryptographic tokens, like BTC, and blockchain - based software systems.

«(a) Impos [ing] any tax or fee on the use of a blockchain by any person or entity; (b) Requir [ing] any person or entity to obtain from the board of county commissioners any certificate, license or permit to use a blockchain; or (c) Impos [ing] any other requirement relating to the use of a blockchain by any person or entity.»

By contrast, in private blockchains, blocks tend to be signed by one or more permitted validators, using an appropriate scheme to prevent minority controBy contrast, in private blockchains, blocks tend to be signed by one or more permitted validators, using an appropriate scheme to prevent minority controby one or more permitted validators, using an appropriate scheme to prevent minority control.

One such control may very well be the use of the integral technology of blockchain and require the creation of a structure which would permit the storage of immutable regulatory data communicated by companies through public, consortium or fully private distributed ledgers.

In spite of this, private blockchains can be manipulated by the permitted beneficiaries as they have direct access to manipulate actions on the blockchain.

By contrast, in private Blockchains, blocks tend to be signed by one or more permitted validators, using an appropriate scheme to prevent minority controBy contrast, in private Blockchains, blocks tend to be signed by one or more permitted validators, using an appropriate scheme to prevent minority controby one or more permitted validators, using an appropriate scheme to prevent minority control.

As Blockchain applications become the new standard, Sapien will build out a development platform powered by SPN to offer users a wide variety of app integrations and permit external apps to leverage our user base.

Released with full source code available, it allows anyone to rely on the existing robust and proven Nxt blockchain technology for their own specific application, and spawn a new public blockchain, with its own token, and unique features, as permitted by the open source Jelurida Public License for the Nxt blockchain.