Sentence examples for validating a transaction from inspiring English sources

After validating a transaction, the nodes then need to race, using trial and error, to solve a difficult mathematical puzzle that requires heavy computing resources.

He points to the Information Commissioner's advice about collecting data, where it points out that the cost of privacy failure can be significantly raised by "asking for a full postal address when the service requested does not involve delivery to a physical address and where the full address is not required to validate a transaction".

When you need to validate a transaction on your Ledger Nano X, your phone will pair with your Ledger device over Bluetooth.

This technology addresses all the issues to validate a transaction, so that processing one doesn't request a third-party any more: the network replaces institutions.

All the transactions are registered in the blockchain that is used to validate a transaction using cryptography technology: it ensures that you can't use a bitcoin you don't own or you don't use the same bitcoin more than once.

Their task is to validate all transactions included in one block and solve the mathematical problem of the digital signature using a hash function.

While we believe we have done due diligence by scrutinizing, systematically cleaning, and validating every transaction, some reporting errors may still exist.

A blockchain scaling solution would determine how many computers are necessary to validate every transaction in a way that doesn't compromise security.

Imagine, an army of auditors externally validating each enterprise transaction data set in each block and recording the level of attestation to a blockchain.

Much like the internet itself, the Bitcoin hive is essentially a distributed network of computers and people that are relying on a common technological process – the Bitcoin protocol – to confirm and validate every transaction made, using a unit of account called a "bitcoin" that can be broken down into fractions, thereby enabling previously impossible micro-transactions.

In the case of Bitcoin, blockchain technology records and validates a financial transaction between two people.