Sentences with phrase «specific piece of gold»
They're not simply tokens backed by gold, they are tokens that represent a specific piece of gold.
https://www.ethnews.com/ Not exact matches
Gold bullion refers to specific pieces of physical metal held in your name and title.
Putting it another way, users of the BitGold system are not trading computer «bits», they are trading ownership to specific pieces of physical gold stored in a vault.
The Bitcoin Gold project wants to move away from ASIC mining, ASIC stands for application - specific integrated circuits; these are basically computers that are built to run only one piece of software that makes them very efficient.