Sentences with phrase «required less trust»

SharedCoin, and the CoinJoin protocol itself, provided a system that required less trust in the operator, by taking advantage of a bitcoin transaction's ability to have multiple inputs and outputs.

For the technically minded, Bitcoin developer Jimmy Song outlines a safer method that requires less trust (or none at all), which involves setting up a two physical / virtual machines (one connected to the internet and the other not), running the core software and import the private key and broadcast the transaction on the first machine not connected to the internet.

Not exact matches

The convention authorized the establishment of a «Central University» provided that no less than half the required million dollars were in hand, and named the members of its Board of Trust, who were to function under supervision of the bishops of the church.

The allotment to any State (other than Guam, American Samoa, the Virgin Islands, and the Trust Territory of the Pacific Islands) under the first sentence of this subsection for any fiscal year which is less than one - quarter of 1 per centum of the amount appropriated under subsection (b)(1) of section 100, or $ 2,000,000, whichever is greater, shall be increased to that amount, the total of the increases thereby required being derived by proportionately reducing the allotments to each of the remaining such States under the first sentence of this subsection, but with such adjustments as may be necessary to prevent the allotment of any such remaining States from being thereby reduced to less than that amount.

The OCC regulators are rigorous in their examinations of trust companies and CITs, of course, but providers in the space are advantaged in that the OCC generally requires less documentation and pre-approval compared with the SEC.

They will just keep trusting and never really know how very badly they have done compared to a passive investment program that would have required far less time, less risk, lower taxes, and much lower industry fees.

Lawyers who have spent a portion of their career within a firm will understand its culture and (likely) take less time to build the type of trust required to convince others that change is worth the effort.

A less laudable innovation came in 2000 when the company required customers who wished to add value to their accounts to have a trusted and independent third party who would exchange e-gold for national fiat currencies and vice versa.

If you don't feel comfortable working with highly stressed people and making them feel comfortable enough to trust you to help them, then there are other ways to handle real estate that require less human contact.

«Washington state law, RCW 19.310.040, requires an exchange facilitator to either maintain a fidelity bond in an amount of not less than one million dollars that protects clients against losses caused by criminal acts of the exchange facilitator, or hold all client funds in a qualified escrow account or qualified trust.»