Sentences with phrase «standard cryptocurrency used»

However, there is no current standard cryptocurrency used for the regular exchange of value in the daily lives of ordinary people.

Despite the utility of Bitcoin and Ethereum, «there is no current standard cryptocurrency used for the regular exchange of value in the daily lives of ordinary people.»

Not exact matches

The goal of the B2G ecosystem is to provide a global standard cryptocurrency which is decentralized, based on blockchain technology, uses cryptographic proof of work protocols and doesn't have to depend on any third party for mining, wallet or exchange services.

Using atomic swaps, an in - progress technology that allows cryptocurrencies to be traded across blockchains, the company will lock up a kin token's stellar half when its ERC - 20 (the ethereum standard for crypto tokens) half leaves the app, and vice versa.

According to the recently launched website, Zcash is «a decentralized and open - source cryptocurrency that aims to set a new standard for privacy and anonymity through the use of groundbreaking cryptography.»

The new standard classifies digital tokens as cryptocurrencies in the new provisions, thus according to their acquisition and intended use.

In January, Bitcoin Magazine reported that a public alpha technology preview of Zcash, «a decentralized and open - source cryptocurrency that aims to set a new standard for privacy and anonymity through the use of groundbreaking cryptography,» had been released on Github.

In order to shift towards a cryptocurrency based economy, WISeCoin makes use of high - security - standard solutions like integrated exchange platforms, biometrics driven hardware wallets, NFC - based contactless payment solutions and MicroChips Blockchain enabled semiconductors.

In addition to trading the dominant cryptocoins, one of CryptoHawk's primary essence also lies in further establishing and promoting the acceptability of cryptocurrencies as a means of payment in the society across all industries and sectors; from the standard trading of cryptocurrency on exchanges to making a purchase in the local retail store using any recognized coin.

If using standard cryptocurrency exchange platforms makes you want to scream, you're not alone — and you have good reason to.

Bitcoin has come a long way since the time 10,000 coins were allegedly used to buy a pizza — and if you ask Bitcoin bull Cameron Winklevoss, the gold standard of cryptocurrency still has a long way to go.

You can access Robinhood's cryptocurrency trading features through relatively the same interface you would use for standard Robinhood stock trading.

Ether is well on its way to become the standard in decentralized applications among cryptocurrencies, used by many giant corporations.

Key topics include implementation of blockchain technology in business, legal regulation of cryptocurrencies (practices of various jurisdictions), increase of living standards using new technologies, development of smart contracts in the decentralized economy.

Likewise, you can restore your cryptocurrencies using any standard hierarchical deterministic wallet.

The appeal of cryptocurrency, at least in part, is that you can use a standard PC for mining.

Looking ahead to 2018, Fabian Vogelsteller is interested in taking the model he pioneered with ethereum's ERC - 20 token standard, effectively a drop - dead simple way of creating your own cryptocurrency, and recreating its effects for one of blockchain tech's most - often touted use cases: digital identity.

Forward - looking information includes, but is not limited to the likelihood of the transaction closing as detailed in this news release or at all, the proposed use of proceeds and the expected closing date of the Offering, the receipt of required regulatory approvals including the TSX Venture Exchange, the impact of the appointments on the Company, the Company's projected asset allocations, business strategy and investment criteria, the timing for implementation of financial auditing and corporate governance standards applicable to cryptocurrencies and Initial Coin Offerings («ICO's»), the rate of cryptocurrency adoption and the resultant effect on the growth of the global cryptocurrency market capitalization.

The IBREA hopes to promote and set standards for real estate transactions using cryptocurrency and set up industry best practices for the escrow process.