Sentences with phrase «settled on chain»

Many transactions of a day - to - day life don't need to be settled on chain.
Implementing SegWit will also allow Litecoin to experiment with something called Lightening Networks — which would essentially allow for instant Litecoin payments off the main blockchain, with transactions only settling on the chain when they need to.

Not exact matches

It also won a contract to provide its technology to ASX Ltd., Australia's main stock exchange operator, which will convert the exchange to run on a block chain - based system to reduce the time it takes to settle the ownership of shares.
With Lightning, it is possible to conduct unlimited transactions off chain, which could then be settled on the main blockchain network.
The company says it will develop blockchain protocols that can authenticate goods on the supply chain, battle insurance fraud, protect big data, settle finances and process remittance.
The porous carbon powder he settled on has massive surface area and turns the neat trick of converting gaseous carbon dioxide into solid polymer chains that nestle in the pores.
SYDNEY (Reuters)-- Australian burger chain Grill'd has paid A$ 20,000 ($ 15,640) to actor Paul Hogan and a charity to settle a dispute over the use of one the «Crocodile Dundee» actor's most famous lines, his lawyer said on Thursday.
Chicago slip and fall attorneys at the Chicago Legal Group recently settled a case with co-counsel on behalf of a victim of a slip and fall accident at a major Chicago restaurant chain for an undisclosed sum.
The wallet doesn't store any data about transactions in the system as the server only processes operations through an algorithm which settles transactions directly on - chain.
Settling transactions directly on - chain allows us to build so many simple useful tools.
The lightning network will further boost bitcoin's transaction capacity by taking frequent, small transactions off - chain, only settling on the bitcoin blockchain when the users are ready.
If a number of big players on the network all fail at once, all of the counterparties connected to those nodes will need to settle their smart contracts on - chain in a timely manner.
Cryptocurrency exchange Bitfinex has announced today that in regards to the Bitcoin network fork on August 1st to create a new chain and token called Bitcoin Cash, all Bitfinex user Bitcoin addresses holding a settled balance will automatically own equivalent balances in Bitcoin Cash.
On - chain transactions on Decred take five minutes on average to settle (they take 10 minutes on Bitcoin), which is awkward at best when you want to pay for something on the spoOn - chain transactions on Decred take five minutes on average to settle (they take 10 minutes on Bitcoin), which is awkward at best when you want to pay for something on the spoon Decred take five minutes on average to settle (they take 10 minutes on Bitcoin), which is awkward at best when you want to pay for something on the spoon average to settle (they take 10 minutes on Bitcoin), which is awkward at best when you want to pay for something on the spoon Bitcoin), which is awkward at best when you want to pay for something on the spoon the spot.
Decred is planning to implement the Lightning Network, a second - layer solution that allows transactions to be handled instantly off - chain and settled on - chain later, so that users can initiate transactions on the fly.
The idea behind off - chain networks, or «state channels», is that, in the future, it's likely to be too costly to settle most transactions directly on a blockchain.
Once fully developed, technological innovations such as the Lightning Network and tree - chains should allow users to transact in a decentralized, trustless, and even instant fashion — while ultimately settling on the Bitcoin blockchain.
Now Marco's executives and franchisees are sifting through the options to settle on where to set up hundreds more of the chain's 1,200 to 2,200 sq. ft. locations, which are geared toward delivery and takeout orders.
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