Sentences with phrase «users of this cryptocurrency as»

A collection of these transactions is then verified by miners, and transmitted to all users of the cryptocurrency as a block, to be stored on the chain known as a blockchain.

The ones who properly understand the functioning of this digital currency form are becoming extensive users of this cryptocurrency as a transaction media.

Not exact matches

The app is marketed as a digital wallet that would allow users to store cryptocurrencies independently of an exchange, meaning users can access their money if things go wrong at the exchange.

[CEO Pavel] Durov's idea is to launch an entirely new blockchain, using the Telegram's 180 million users as rocket fuel to power forward into mainstream adoption off cryptocurrency and making Telegram, effectively, a kingmaker of other cryptocurrencies, because of its existing scale.

Users are encouraged to engage in actions that will benefit other members and the community as a whole by rewarding such actions with Soma Community (SCT), a cryptocurrency designed to incentivize the members of the decentralized community to perform value - adding services and act as a fast, secure and cost - effective way of compensation.»

Jon Montroll, 37, was accused on Feb. 21 in a civil complaint by the Securities and Exchange Commission of running his cryptocurrency site BitFunder as an «unregistered securities exchange» and of defrauding users.

MarketWatch reports that interactions on niche Reddit forums (known as «subreddits») devoted to cryptocurrency have soared by a massive 930 % this year, and that at one point users were joining one of the main bitcoin forums at the rate of 1,300 a day.

The growth of new active bitcoin users is slowing, which by «Metcalfe's law» indicates that the cryptocurrency's market capitalization will not grow as quickly as it has, some Swiss researchers said.

Some users reported losses as big as 10 million won ($ 8,700) worth of cryptocurrency.

Broken down further, Ethereum's smart contracts can be thought of as a vending machine, where instead of seeking out a lawyer, notary, or transcriptionist — just one of the industries blockchain technolog tackles — users spend their cryptocurrency (tokens) in exchange for a drafted contract, escrowed transaction, or other transactional function.

Whatever the actual motivation, initiatives like this and others, such as the EU's latest directive, are expressing the eagerness of central banks and governments to know more about exchanges and individual users of cryptocurrencies.

Law enforcement in Bangladesh is actively hunting down users of Bitcoin as the use and trading of the cryptocurrency is still illegal in that particular country.

The memo explained that all cryptocurrency purchases had been stopped as of March 28, and that users would no longer be allowed to use credit or debit cards — either business or personal — to purchase digital currencies on popular exchanges.

The large ICO collections will diminish and the significant volatility of cryptocurrencies will stabilize as a large mass of informed users become part of the ecosystem.

On - Ramping New Users Bitcoin and cryptocurrencies are becoming more popular by the day, as is made evident by the increasing number of users across networks and mainstreaming in the form of futures trading and hedge fUsers Bitcoin and cryptocurrencies are becoming more popular by the day, as is made evident by the increasing number of users across networks and mainstreaming in the form of futures trading and hedge fusers across networks and mainstreaming in the form of futures trading and hedge funds.

As South Korean exchanges harden their networks and the government imposes stricter regulatory controls on cryptocurrencies, exchanges and users in other countries should be aware of the increased threat level from North Korean actors.

As cryptocurrencies and ICO's burst on to the scene, many users / traders have become frustrated with the way most platforms only trade in a specific type of Cryptocurrency.

The Europol also added that: «Any regulation of cryptocurrencies would likely only be applicable and enforceable when applied to identifiable users such as those providing exchange services.

As soon as new trading technique is initiated by the traders or the users this platform takes good control of the cryptocurrencies for transaction procedurAs soon as new trading technique is initiated by the traders or the users this platform takes good control of the cryptocurrencies for transaction proceduras new trading technique is initiated by the traders or the users this platform takes good control of the cryptocurrencies for transaction procedure.

A fundamental analysis of cryptocurrencies and blockchain projects involves indicators like conference announcements, forks, as well as new coin listings, technology patents, user base, size of network, and token utility.

If something like this happens, the cryptocurrency industry will find itself with a huge amount of real users — people who are using it not as a programmer's toy or investment vehicle, but for real purposes like investment and international markets.

Whenever uncertainty hits a region or particular market, fiat currency users often revert to gold as a means of securing their wealth, just as cryptocurrency enthusiasts turn to the perceived stability of bitcoin.

We hope that, with time and as our user base begins to grow, the platform becomes a hub for the next generation of successful cryptocurrency applications.

However, with the prying eyes of uninvited government officials and activities of nefarious elements carting away millions of dollars» worth of crypto - investments, users are beginning to consider privacy - based cryptocurrencies as substitute value.

And even if I, through severe primer tracking and research of blockchain activity, dwindle addresses we see transacting with a militant appropriation wallet, there is no fit way to share my commentary on a height so bland cryptocurrency users could see my «flags,» weigh their veracity, and stay transparent of those addresses, as appropriate.

As of September 2017, some merchants and online service providers have started accepting BCN as payment alongside more common cryptocurrencies, but the vast majority of users are early adopters and traderAs of September 2017, some merchants and online service providers have started accepting BCN as payment alongside more common cryptocurrencies, but the vast majority of users are early adopters and traderas payment alongside more common cryptocurrencies, but the vast majority of users are early adopters and traders.

The joint research undertaken by the two companies will examine how blockchain, the technology at the basis of cryptocurrencies such as Bitcoin, could be used for developing innovative cybersecurity solutions, such as secure transmission of information between services and supply chains, user authentication, critical devices and elements that run with no human intervention and additional solutions for the cyber challenges in a hyper - connected world.

According to the Cambridge Center for Alternative Finance, 75 % of US consumers who owned cryptocurrencies in 2016 used those currencies for payments within a 12 - month period, unique active users of cryptocurrency wallets numbered between 2.9 and 5.8 million in 2017, and 48 % of Coinbase users use Bitcoin as a «transactional medium» — defined as making one payment per year.

«The long, charitable answer is that cryptocurrencies act as money, at best, only for some people and to a limited extent, and even then only in parallel with the traditional currencies of the users,» added Carney.

Coinbase is easily one of the most popular exchanges available out there as it offers a simple - to - use interface for inexperienced users to buy and sell top cryptocurrencies like Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.

«Cryptojacking», the taking over of users» devices to mine cryptocurrencies such as Monero, is on the rise.

The increasing acceptance of cryptocurrency has led to more regulations being put into place, such as exchanges requiring verifiable information from its users.

Yet, in spite of this, most of those users are either those who acquired the cryptocurrency in the early days of the network through individual mining or some other venture, or they are wealthy individuals who decided to get into the digital currency domain as a way of diversifying their investment portfolio.

Launched in January 2018, Ravencoin (RVN) is an experimental cryptocurrency that aims to create a digital peer - to - peer network for the facilitation of asset transfers, such as the transfer of tokens between users.

Earlier this week we reported that Changpeng Zhao, Binance's founder and Chief Executive Officer, had hinted at the implementation of a «broom» that would allow users to finally convert their small fractions of various cryptocurrencies, colloquially known as dust, leftover from trades, i...

Durov's idea is to launch an entirely new blockchain, using the Telegram's 180 million users as rocket fuel to power forward into mainstream adoption off cryptocurrency and making Telegram, effectively, a kingmaker of other cryptocurrencies, because of its existing scale.

As the original users of bitcoins were my fellow geeks interested in anonymous cryptocurrency, who may take offense to goverment regulation of bitcoin, and those wishing / needing anonymity, including criminals, who would not like the increased regulation of bitcoin which would hamper that anonymity.

As the popularity of cryptocurrency grew, users of the novel technology were less technically savvy, which created a business opportunity for «exchanges» and «wallets,» which aid users handling cryptocurrency.

As it happens, invisibility to taxing authorities is often considered an advantage to users of cryptocurrencies, so maybe there will be a market for such an app.

It is now also hard to ignore the emerging «crypto rich» — investors and users who have found wealth in cryptocurrencies — as a demographic with plenty of spending power.

Contributors in the ICO also stand to benefit as they will receive 33 percent of the aggregate revenue that arises from conversions between fiat and cryptocurrencies by the users of the e-wallet.

Revealed at Money2020 in Las Vegas, Bloq is unveiling metronome, a cryptocurrency that seeks to claim a series of firsts in crypto - economics, including offering users the ability to switch the same token back and forth between blockchains as desired.

The Commonwealth Bank of Australia stated through a spokesman that users will still be able to use their bank accounts to trade Bitcoin and other cryptocurrencies, as long as they comply with the terms and conditions of the bank.

The leading virtual currency Bitcoin is accepted as a form of payment at only a few restaurants, and several cryptocurrency exchanges allow users to use the digital currencies as payments for books or movie tickets.

Most people still only understand cryptocurrencies as stores of value like Bitcoin, so lots of user education would be required too.

Durov's idea is to launch an entirely new blockchain, using the Telegram's 180 million users as rocket fuel to power forward into mainstream adoption off cryptocurrency and making Telegram, effectively, a kingmaker of other cryptocurrencies, because of its existing scale.

Numerous concerned cryptocurrency enthusiasts have since interpreted this lack of information as suspicious, with one user going as far as reporting BitConnect for illegal activity to the British government.

[CEO Pavel] Durov's idea is to launch an entirely new blockchain, using the Telegram's 180 million users as rocket fuel to power forward into mainstream adoption off cryptocurrency and making Telegram, effectively, a kingmaker of other cryptocurrencies, because of its existing scale.

We were supporting other cryptocurrencies as a means of depositing of course (using services such as ShapeShift) but these all converted to mBTC going into the users» balances.

A growing number of internet companies are banning cryptocurrency advertising, fearing reputational damage if their users are duped or left penniless, even as regulators struggle to get to grips with the fast - emerging industry.