Sentences with phrase «processing valid transactions»
Not exact matches
The weight of the transactions, represented by the blocks, is weighing down the network and causing delays in processing and verifying transactions, in some cases, taking hours to confirm a transaction as valid.
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«In a public blockchain anyone in the world can send transactions to and expect to see them included if they are valid, and anyone in the world can participate in the consensus (transaction) process... In a consortium blockchain consensus process is controlled by a pre-selected set of nodes; for example, one might imagine a consortium of 15 financial institutions....
This records valid transactions and links them individually rather than as part of a block, which in theory makes transactions faster and cheaper to process.
zipLogix Digital Ink ®, the company's secure e-signature solution, ensures that the digital signatures on documents are legal and valid by taking things one step further in the transaction process.