Bitcoin Blockchain definition

Bitcoin Blockchain means the blockchain ledger for bitcoin.
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Bitcoin Blockchain means the public blockchain known as “Bitcoin” as more full described at xxxxx://xxxxxxx.xxx/bitcoin.pdf.
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Bitcoin Blockchain means the public Blockchain where Bitcoins have been issued;
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Examples of Bitcoin Blockchain in a sentence

  • The first miner to successfully solve the problem is permitted to add a block of transactions to the Bitcoin Blockchain.

  • For example, PoW, the consensus protocol of the Bitcoin Blockchain, can find a solution to the relaxed version of the Byzantine Generals’ Problem, as described by the author Satoshi Nakamoto62 and proved by Miller and LaViola.65 The idea is for each general to first decide an attacking time (eg, at T0 in this example) and start to do PoW (eg, at T1 to find a solution to a difficult-to-compute yet easy-to-verify problem2,66).

  • This innovation will allow for single-signature and multi-signature scripts and other complex transactions to become identical-looking commitments on the Bitcoin Blockchain.

  • The Bitcoin Blockchain contains a record and transaction history for each bitcoin.New bitcoin is created by “mining.” Miners use specialized computer software and hardware to solve a highly complex mathematical problem presented by the Bitcoin Protocol.

  • Appendix §A (all Appendices are available at Babich and Hilary 2018b) describes Bitcoin Blockchain.

  • It is a way to mint currency but more importantly it is a key ingredient in the Bitcoin Blockchain protocol that reaches agreement and prevents double spending.

  • Miners that successfully add a block to the Bitcoin Blockchain are automatically rewarded with a fixed amount of bitcoin for their effort plus any transaction fees paid by transferors whose transactions are recorded in the block.

  • Miners, through the use of the bitcoin software program, engage in a set of prescribed complex mathematical calculations in order to add a block to the Bitcoin Blockchain and thereby confirm bitcoin transactions included in that block’s data.

  • As on the Bitcoin Blockchain, similar to any other payment system, the actual transfers are not 100% final and immutable, but the law may presume that at certain point in time a transaction becomes final.

  • Congressional Research Service, Bitcoin, Blockchain, and the Energy Sector (Aug.


More Definitions of Bitcoin Blockchain

Bitcoin Blockchain or “BTC Blockchain” means a decentralized transaction network similar to Ethereum blockchain used for the transactions with the Bitcoin Digital Currency.
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Bitcoin Blockchain means the public transaction ledger of the Bitcoin Network on which transactions in Bitcoin are recorded.
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Related to Bitcoin Blockchain

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