Sentences with phrase «transaction capacity on»

Discussions about the proposal, as well as the broader issue of whether to increase the transaction capacity on the bitcoin network, have raged on social media for weeks.

Led by blockchain consulting firm Brainbot and its co-founder Heiko Hees, the milestone will be the latest for a project first unveiled in 2015 as a way to increase transaction capacity on the world's second - largest blockchain.

BitPay has been very much focused on the issues around transaction capacity on the Bitcoin network lately, which eventually led them to support the New York Agreement (also known as SegWit2x).

Specific to Ethereum, its proposed implementation of Casper may reduce the block time from the current 15 seconds to 2 — 7.5 seconds, providing a direct increase in transaction capacity on the network4.

Not exact matches

Actual results, including with respect to our targets and prospects, could differ materially due to a number of factors, including the risk that we may not obtain sufficient orders to achieve our targeted revenues; price competition in key markets; the risk that we or our channel partners are not able to develop and expand customer bases and accurately anticipate demand from end customers, which can result in increased inventory and reduced orders as we experience wide fluctuations in supply and demand; the risk that our commercial Lighting Products results will continue to suffer if new issues arise regarding issues related to product quality for this business; the risk that we may experience production difficulties that preclude us from shipping sufficient quantities to meet customer orders or that result in higher production costs and lower margins; our ability to lower costs; the risk that our results will suffer if we are unable to balance fluctuations in customer demand and capacity, including bringing on additional capacity on a timely basis to meet customer demand; the risk that longer manufacturing lead times may cause customers to fulfill their orders with a competitor's products instead; the risk that the economic and political uncertainty caused by the proposed tariffs by the United States on Chinese goods, and any corresponding Chinese tariffs in response, may negatively impact demand for our products; product mix; risks associated with the ramp - up of production of our new products, and our entry into new business channels different from those in which we have historically operated; the risk that customers do not maintain their favorable perception of our brand and products, resulting in lower demand for our products; the risk that our products fail to perform or fail to meet customer requirements or expectations, resulting in significant additional costs, including costs associated with warranty returns or the potential recall of our products; ongoing uncertainty in global economic conditions, infrastructure development or customer demand that could negatively affect product demand, collectability of receivables and other related matters as consumers and businesses may defer purchases or payments, or default on payments; risks resulting from the concentration of our business among few customers, including the risk that customers may reduce or cancel orders or fail to honor purchase commitments; the risk that we are not able to enter into acceptable contractual arrangements with the significant customers of the acquired Infineon RF Power business or otherwise not fully realize anticipated benefits of the transaction; the risk that retail customers may alter promotional pricing, increase promotion of a competitor's products over our products or reduce their inventory levels, all of which could negatively affect product demand; the risk that our investments may experience periods of significant stock price volatility causing us to recognize fair value losses on our investment; the risk posed by managing an increasingly complex supply chain that has the ability to supply a sufficient quantity of raw materials, subsystems and finished products with the required specifications and quality; the risk we may be required to record a significant charge to earnings if our goodwill or amortizable assets become impaired; risks relating to confidential information theft or misuse, including through cyber-attacks or cyber intrusion; our ability to complete development and commercialization of products under development, such as our pipeline of Wolfspeed products, improved LED chips, LED components, and LED lighting products risks related to our multi-year warranty periods for LED lighting products; risks associated with acquisitions, divestitures, joint ventures or investments generally; the rapid development of new technology and competing products that may impair demand or render our products obsolete; the potential lack of customer acceptance for our products; risks associated with ongoing litigation; and other factors discussed in our filings with the Securities and Exchange Commission (SEC), including our report on Form 10 - K for the fiscal year ended June 25, 2017, and subsequent reports filed with the SEC.

It runs on a system set up after bitcoin to improve on it, with a network that rewards participants not just for mining and verifying blocks of transactions but also for providing and building network capacity, so improving on bitcoin's slow pace and lack of scalability.

Due to the Bitcoin blockchain's success and rising adoption, demand for Bitcoin transactions is outstripping capacity, causing miner fees to rise on the Bitcoin network.

These include weak capital markets; immature EE markets and supply chains; low energy prices; lack of information and awareness; high transaction costs; inadequate governance capacity; lack of consensus on best practices; sovereign risk; and institutional fragility.

«Gross Revenues» means the total monies received by Grantee from a utility company or other power purchaser (provided, however, that if electricity is sold to a subsidiary or affiliate of Grantee, then, and only then, the gross receipts from the sale of electricity under such contract shall be calculated using a sale of not less than the arithmetical average of the prices quoted by market sources of information, which information may be based upon the price paid by any purchaser or purchasers, including Grantee or any subsidiary or affiliate of Grantee, for electricity produced in the Iowa region of the Midwest Independent System Operator («MISO») from operation of wind turbines during the calendar year immediate!y preceding the year in which such electricity production from the Wind Energy Project occurs, taking into account the aggregate terms associated with such transaction) derived from the sale of electric energy and capacity produced and sold from the WTG's installed on the Premises, net of proportional energy losses associated with the power collection system or utility interconnection.

In that capacity he frequently advised on financial services regulatory issues related transactions, including bond issues and securitisation, and on the development of new financial products.

Smelting & Mining: AGP has been serving major smelters for over ten years, providing advice on finance leasing and export financing, supporting corporate transactions, such as capacity upgrading projects, and ensuring regulatory compliance.

In Hill v Fellowes Solicitors [2011] EWHC 61, a professional negligence claim against solicitors in respect of an inter vivos transaction, the judge said that there was «plainly no duty upon solicitors in general to obtain medical evidence on every occasion upon which they are instructed by an elderly client just in case they lack capacity».

Joel advises a range of clients on energy market and regulation matters, including pipelines and shippers, on energy transactions, energy project development, the acquisition of energy assets and capacity.

The SegWit2x team and its supporting businesses further emphasized that without SegWit2x, the Bitcoin Core development team will have to come up with an on - chain scaling solution in the short - term to cope with the rapid increase in the user base and transaction capacity of bitcoin.

For one thing, Ethereum needs to work on increasing its transaction capacity, as Buterin himself has long admitted and is working to improve.

This improves the overall transaction capacity of the Bitcoin network and should also help reduce the fees customers pay on bitcoin transactions.

SegWit activation also boosted development work on other features such as MAST (which enables more complex bitcoin smart contracts), Schnorr signatures (which would enable another transaction capacity boost) and TumbleBit (an anonymous top - layer network).

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.

First designed for use on the bitcoin blockchain, SegWit would nonetheless increase litecoin's block capacity by altering how transaction date is stored by the network.

Large transactions worth about 1 BTC or more may take longer depending on the size of your transaction and the capacity of the blockchain.

Developers preparing for SegWit activation have been working on MAST (which enables more complex bitcoin smart contracts), schnorr signatures (which would enable another transaction capacity boost) and TumbleBit (an anonymous top - layer network).

With a capacity for massive on - chain scaling, Bitcoin Cash enables dramatically faster transaction processing speed and lower fees, allowing it to act as the true Bitcoin rather than the static commodity that the original Bitcoin, also known as SegWit1X, has become.

Eyes are glued on two competing scaling projects aimed at boosting bitcoin's transaction capacity, which are set to come to a head at the end of the month.

Like many others who would like to see transaction capacity increased on the Bitcoin network via a hard fork, Bhardwaj displayed urgency in his reasoning for switching to Bitcoin Unlimited.

Following months of debate over how to scale bitcoin's transaction capacity, the conversation has become newly contentious as progress on much - hyped solutions continue to face the kinds of delays that perhaps should be expected when working with novel technologies.

The news comes as the digital currency built on the previous week's gains, when it broke past the $ 450 mark on renewed optimism that a solution to the network's perceived transaction capacity issues may be forthcoming.

«While some blockchain communities have increased on - chain transaction capacity (e.g. blocksize increases), this approach generally degrades the decentralized state of the network and can not reach the millions of transactions per second the system would generate at world - scale,» Alex Simons, director of program management at Microsoft Identity Division, wrote in a blog post.

Due to the way the upgrade works, SegWit's impact on capacity is increased as more people use multisignature transactions.

However, bitcoin transaction speeds depend on the current capacity of the bitcoin network.

The reason that it was originally thought that Segregated Witness would not offer much in terms of increased capacity right out of the gate is that wallets, exchanges and other creators of transactions must also complete their own upgrades before the benefits of SegWit could be seen on the network.

Without optimization, transactions are transmitted again as part of a block, doubling the impact on network capacity

However, transaction processing times will depend on the capacity of the blockchain network at the time of your trade.

Nodes are heavily reliant on bandwidth and storage capacity, especially considering that they are responsible for recording all transactions on the blockchain in real - time.

While some blockchain communities have increased on - chain transaction capacity (e.g. blocksize increases), this approach generally degrades the decentralized state of the network and can not reach the millions of transactions per second the system would generate at world - scale.

As so, there are currently multiple solutions being put forward on how to increase the transaction capacity of Bitcoin moving forward.

«We have been working with distributed ledger technology since 1995 and are delighted that our ChainZy architecture has been able to support these high - speed applications, with a capacity for some 25 bln transactions per day on this test rig, a trillion transactions per day is in sight commercially.

It's relatively easy for somebody who only holds or occasionally uses Bitcoin to patiently wait and see what effect SegWit and the Lightning Network will have on transaction capacity.

Ethereum's current capacity is 15 transactions per second (although Ethereum's founders are currently working on expanding its scale).

Though different in intent, both papers were focused on presenting new ideas for how decentralized blockchain networks could scale at a time when the conversation was dominating industry conversation both among major financial institutions, who are seeking to leverage the technology for existing high - volume transaction systems, and bitcoin developers, who are working on solutions to scale the digital currency's transaction capacity.

«Demand for Bitcoin transactions is outstripping capacity, causing miner fees to rise on the Bitcoin network.

Even with increases in block size it was estimated that the blockchain capacity could only support about 800 million users with micropayment channels due to the number of on - chain transactions required to open and close channels,» read the paper.

Unfortunately the effects of Segwit on transaction capacity won't be seen for weeks or even months.

Given that miners can now set up a node much more quickly with the updated client, it could allow for increased short term capacity on the network at current transaction rates.

But, if the adoption of SegWit and transaction batching is stalled, then an on - chain scaling solution would be necessary to decrease the transaction fees of bitcoin and increase the network's transaction capacity.

However, as adoption increased and Bitcoin's user base grew, Bitcoin's transaction capacity was soon outstripped by the increasing numbers of on - chain transactions.

The tech giant insists increasing on - chain transaction capacity generally degrades decentralized networks.

That said, Bitcoin Cash intends to activate new rules that are at odds with the bitcoin network, aiming to boost transaction capacity by increasing the block size to 8 MB and removing Segregated Witness (SegWit), a long - debated code optimization that's likely to activate on bitcoin later in August.

Although the Bitcoin Blockchain is basically a decentralized database for transactions, accounts and balances, keeping that information on a decentralized ledger is already proving to be a challenge due to capacity issues.

However, this month has seen his words challenged as SegWit has received the full support as BTC focuses on Bitcoin Core client release that will allow the Bitcoin network to process faster transactions and also increase its capacity.

To recap, SegWit has been proposed as a means of effectively increasing the capacity of bitcoin transaction blocks by changing how the space within them is used, rather than outright increasing the size of the data blocks on the blockchain.