Sentences with phrase «transaction capacity using»

One of the exciting technologies that Segregated Witness will help enable is the Lightning Network, a technique for scaling bitcoin transaction capacity using Bitcoin payment channels.

Not exact matches

China is the leader in bitcoin mining capacity — computers that are used to support bitcoin transactions and then get paid for the service with newly minted coins.

Transaction or «use» demand will also increase because of Bitcoin's capacity to administer countless economic and social functions beyond value transfer, including messaging, proof of authorship, land and title registry, and identity / naming.

But if a small business uses its bank just for its operating line and then arranges a separate transaction for equipment with a leasing company, it will automatically double its borrowing capacity.

Hard currency is a type of currency also called strong currency that has a stable exchange rate with respect to other currencies, which are freely converted into another currency and are widely used in the international transactions in the capacity of standard of deferred payments.

«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.

Boutique firms lack the institutional capacity to handle the large transactions that a larger firm can use to cross-subsidize free work.

Ethereum is a platform developed in open - source code that uses blockchain technology and has the capacity to create and execute so - called «smart contracts,» which allow making secure and efficient transactions without intermediation.

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.

Because it isn't able to use bitcoin's scripts, it seemed at first as though MimbleWimble wouldn't be able to support more complex transaction types like Schnorr signatures and Lightning Network, both of which could boost capacity even further.

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

The goal of the project, according to those involved, was to use the measure to increase bitcoin's transaction capacity, which is today constrained by the nature of the software's rules.

Since each user must effectively opt in to the increased capacity offered by SegWit, the growth in capacity would be seen when users start using SegWit transactions rather than when the protocol change is initially activated.

Bitcoin Cash, however, is basically a slightly different version of Bitcoin which has been created by a group of developers who want the option of using a blockchain with a bigger block size and greater transaction throughput capacity.

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.

Lombrozo suggested that «with typical commonly used transaction types», users can expect an 1.8 x capacity increase to Layer 1, the base layer of the bitcoin network.

While SegWit gave the option for Bitcoin users to upgrade their wallets and receive the benefits of approximately 41 % more capacity, Bitcoin Cash required users to upgrade their wallets, adopt a new transaction format, and use an entirely new coin.

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.

HIGHLIGHTS OF QUALIFICATIONS • Eight years of extensive experience in cashiering and clerical capacities • In depth knowledge of cash transactions and automatic debits • Proficient in using cash registers and adding machines • Good knowledge of safe practices of handling cash

As used in this Code of Ethics, «client» means the person (s) or entity (ies) with whom a REALTOR ® or a REALTOR ®'s firm has an agency or legally recognized non-agency relationship; «customer» means a party to a real estate transaction who receives information, services, or benefits but has no contractual relationship with the REALTOR ® or the REALTOR ®'s firm; «prospect» means a purchaser, seller, tenant, or landlord who is not subject to a representation relationship with the REALTOR ® or REALTOR ®'s firm; «agent» means a real estate licensee (including brokers and sales associates) acting in an agency relationship as defined by state law or regulation; and «broker» means a real estate licensee (including brokers and sales associates) acting as an agent or in a legally recognized non-agency capacity.