Blockchain definition

Blockchain means software operating a distributed ledger which is maintained by a network of computers, and that records all transactions in a Digital Asset in theoretically unchangeable data packages known as blocks, each of which are timestamped to reference the previous block so that the blocks are linked in a chain that evidences the entire history of transactions in the Digital Asset.

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Blockchain means a digital ledger or database which is chronological, consensus based, decentralized and mathematically verified in nature;

Blockchain means a distributed ledger that records transactions between parties in a verifiable and permanent way.

Examples of Blockchain in a sentence

• Participation (Conditional) The Blockchain (“TAC”)-based royalty model applies only if Vaximm elects to draw development capital from the BCM Royalty Fund.

• Anchorage shall be deemed to have received a Digital Asset after the Digital Asset’s receipt has been confirmed on the relevant Blockchain, except for Digital Assets deemed to be spam or gas by Anchorage and the Client.

• Advancements in cryptography could render current cryptography algorithms utilized by a Blockchain supporting a specific digital asset inoperative.

• A Digital Asset will be deemed to have been returned to Client when: (i) a transfer of the Digital Asset initiated by Anchorage to Client's designated destination address has received a commercially reasonable number of confirmations on the relevant Blockchain; or (ii) via an alternative method specified in Section 4.2.

More Definitions of Blockchain

Blockchain means data that is:

Blockchain means a digital ledger or database which is chronological, consensus-

Blockchain means a system in which records of transactions made in Digital Assets are maintained across several computers that are linked in a peer-to-peer network.

Blockchain means a cryptographically secured, chronological, and decentralized consensus ledger or consensus database maintained via internet, peer-to-peer network, or other similar interaction.

Blockchain means a digital ledger or database which is

Blockchain means a mathematically cryptographically secured, chronological, and decentralized consensus ledger or consensus database, whether maintained via Internet interaction, peer-to-peer network, or otherwise other interaction.

Blockchain means a mathematically cryptographically secured,