Sentences with phrase «without central authorities»

The Starfish and the Spider is a book that focuses, more or less, on what organizations would look like without central authorities.

is a book that focuses, more or less, on what organizations would look like without central authorities.

Litecoin is an open source payment network that is fully decentralized without any central authorities.

Litecoin is also following the footsteps of Bitcoin and decided to be fully decentralized without any central authorities.

Litecoin is an open source, global payment network that is fully decentralized without any central authorities.»

Litecoin is an open source, global payment network that is fully decentralized without any central authorities it is identical to bitcoin and shares many of the same traits like peer to peer payment facility that enables instant, near - zero cost payments to anyone in the world.

Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin.

But it accomplishes something that no other payment network has accomplished before: guaranteeing the integrity of the system without a central authority.

The system is designed to transfer funds without a central authority, freeing Bitcoin users from bank fees and government regulations.

Unlike traditional currencies, Bitcoin operates without central authority or banks and is not backed by any government.

Bitcoins are managed by peer - to - peer (p2p) technology without any central authority governing them.

As is the case with Bitcoin and most altcoins, Litecoin is a decentralized entity, which means that it functions without a central authority or governance agency.

Ethereum and bitcoin use a combination of technical tricks and incentives to ensure that they accurately record who owns what without a central authority.

This period of conquest gave opportunity for a series of warlords, called in the Bible «judges,» to seize power and become local despots, without any central authority to unite the people.

A blockchain serves as a distributed ledger, a record of transactions or other information that is secure from alteration and that operates without any central authority.

A distributed ledger A blockchain serves as a distributed ledger, a record of transactions or other information that is secure from alteration and that operates without any central authority.

Without any central authority, Novacoin is a peer - to - peer currency that operates within an open - source network.

As such, it uses the SHA - 256 algorithm and functions without a central authority keeping track of every transaction within the network.

Ethereum and bitcoin use a combination of technical tricks and incentives to ensure that they accurately record who owns what without a central authority.

Connecting Financial Ecosystems Before the blockchain, it was almost impossible to gauge the objectivity of shared information without a central authority.

Bitcoin is a digital, decentralized, crypto - currency that operates without a central authority.

Distributed ledgers provide a digital record (such as asset ownership) that is maintained without a central authority or implementation.

Cryptocurrencies are completely decentralised and operate without a central authority, like a bank.

Unlike traditional currencies (FIAT) such as Dollars, Euros, Yen, or Yuan, Bitcoins are issued and managed without any central authority such as a government, company, or bank in charge of Bitcoin.

Bitcoin is a digital currency that uses peer - to - peer technology to operate without central authority or banks.

Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin.

Without a central authority that can monitor, control, some would say spy, on the transactions and the parties involved, it was (and still is) hailed or feared by many as a powerful privacy preserving tool to conduct transactions.

Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin.

Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin.

Not exact matches

The person or people who created the Bitcoin system under the pseudonym Satoshi Nakamoto solved a problem central to any currency — preventing counterfeiting — and did it without relying on a government's authority.

Just as email allowed messages to move around without going through a central postal service, the computer network maintaining Bitcoin records allows money to move around without going through any central authority.

The concept behind bit gold was very similar to Bitcoin: It included a digital token that was scarce, like gold, and could be sent electronically without needing to pass through a central authority like a bank.

It is worth noting that bitcoin and the rise of cryptocurrencies as a trillion - dollar asset class in 2017, was spurred without the oversight of a central bank or monetary authority guaranteeing trust or market conduct.

With them, you can make transactions without middleman or central authority.

And through a subscription model, other users can support artists or individuals without having to go through a central authority.

Users conduct transactions with other users without using a Central server, and does not have a Central authority that performs the functions of the supervisor or has a book of orders.

The blockchain can record any information in a secure way, and make that information both public and unchangeable - doing this without relying on any central authority.

Without a government or central authority at the helm, controlling supply, «value» is totally open to interpretation.

Some would argue that by acting cautiously on balance sheet normalization (without actively countering impacts of ECB policy measures), Fed policymakers have partially ceded control of financial conditions to foreign monetary authorities, but the same can be said about other central banks as well, for long - term rates are correlated among advanced economies:

In this system, participants granted access to the trail can monitor the live version of the data without intermediaries or oversight by a central authority.

Prison authorities at the Kumasi Central Prisons are taking GHC2.00 from each person who comes to visit an inmate in the facility, without issuing receipts to cover the fee.

It's possible to have a central authority to arbitrate disputes without necessarily having laws, and it's possible to have de facto laws by group agreement, without having a state to enforce them.

Without a central naming authority, such conflicts might never get resolved.

In a 10 - 3 vote, the council agreed to reclassify nearly 500 central - office workers whom Ms. Rhee will have the authority to fire without cause.

The Union shall not be liable for or assume the commitments of central governments, regional, local or other public authorities, other bodies governed by public law, or public undertakings of any Member State, without prejudice to mutual financial guarantees for the joint execution of a specific project.

PLF's central objection is that the regulation was issued by a career FDA civil servant without proper legal authority to do so.

Where a communication is sent to a central authority without jurisdiction, the latter shall be responsible for forwarding it to the central authority with jurisdiction and informing the sender accordingly.

Article 9 If the Central Authority which receives an application referred to in Article 8 has reason to believe that the child is in another Contracting State, it shall directly and without delay transmit the application to the Central Authority of that Contracting State and inform the requesting Central Authority, or the applicant, as the case may be.

(3) In the case of applications through Central Authorities, where a decision has been declared enforceable or registered for enforcement under Chapter V, enforcement shall proceed without the need for further action by the applicant.

a) broader bases for recognition of maintenance decisions, without prejudice to Article 22 f) of the Convention; b) simplified, more expeditious procedures on an application for recognition or recognition and enforcement of maintenance decisions; c) more beneficial legal assistance than that provided for under Articles 14 to 17; or d) procedures permitting an applicant from a requesting State to make a request directly to the Central Authority of the requested State.