Ethereum Network definition

Ethereum Network means the online, end-user-to-end-user network hosting a public transaction ledger, known as a blockchain, and the source code comprising the basis for the cryptographic and algorithmic protocols governing the Ethereum network.
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Ethereum Network means the online, end-user-to-end-user computer network hosting a public transaction ledger, known as the blockchain, and the source algorithmic protocols governing such network.
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Ethereum Network means the mainnet of the decentralized, open source blockchain known to the general public as Ethereum.
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Examples of Ethereum Network in a sentence

  • However, if less than a substantial majority of users and miners consent to the proposed modification, and the modification is nonetheless implemented by some users and miners and the modification is not compatible with the software prior to its modification, the consequence would be what is known as a “fork” (i.e., a “split”) of the Ethereum network (and the blockchain), with one version running the pre-modified software and the other running the modified software.

  • When a modification is introduced and a substantial majority of users and miners consent to the modification, the change is implemented and the Ethereum network remains uninterrupted.

  • The effect of such a “hard” fork would be the existence of two (or more) versions of the Ethereum network running in parallel, but with each version’s ether lacking interchangeability.

  • However, if such an event does occur, the Sponsor in its sole discretion may determine, in good faith, which peer-to-peer network, among a group of incompatible forks of the Ethereum network, is generally accepted as the Ethereum network and should therefore be considered the appropriate network for the Trust’s purposes.


More Definitions of Ethereum Network

Ethereum Network means the network of computers running the global computer known as “Ethereum”, which maintains the database of ethereum smart contracts.
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Ethereum Network. (in capitalized form) means the online, end-user-to-end-user network hosting a public transaction ledger, known as a blockchain, and the source code comprising the basis for the cryptographic and algorithmic protocols governing the Ethereum Network.
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Ethereum Network means the Ethereum Blockchain and any digital asset network, including the Ethereum peer-to-peer network.
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Ethereum Network means the open-source, public, blockchain-based distributed com- puting platform featuring smart contract functionality that launched on 30 July 2015 and is recognized by the official Go Ethereum client.
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Ethereum Network means the peer to peer cryptographic network commonly accepted as “Ethereum” and for which Ethereum is the native unit of account.
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Ethereum Network means the peer to peer cryptographic network commonly accepted as “Ethereum” and for which Ethereum is the native unit of account.
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Related to Ethereum Network

  • Area network means a type of electric distribution system served by multiple transformers interconnected in an electrical network circuit, which is generally used in large metropolitan areas that are densely populated, in order to provide highly reliable service. Area network has the same meaning as the term "distribution secondary grid network" found in institute of electrical and electronics engineers (IEEE) standard 1547 sub clause 4.1.4.

  • telecommunications network means any wire, radio, optical, or other electromagnetic system used to route, switch, or transmit telecommunications;

  • Network Element is As Defined in the Act.

  • Secure Network means a network which is only accessible by Secure Authentication.

  • Network means the participating providers described in the Provider Directory.

  • Local Area Network or “LAN” means the infrastructure that enables the ability to transfer IP services within Sites (including data, voice and video conferencing services).

  • Integrated Services Digital Network (ISDN means a switched network service that provides end-to-end digital connectivity for the simultaneous transmission of voice and data. Basic Rate Interface-ISDN (BRI-ISDN) provides for a digital transmission of two (2) 64 Kbps bearer channels and one (1) 16 Kbps data channel (2B+D).

  • Customer System means the Customer's computing environment (consisting of hardware, software and/or telecommunications networks or equipment) used by the Customer or the Supplier in connection with this Contract which is owned by or licensed to the Customer by a third party and which interfaces with the Supplier System or which is necessary for the Customer to receive the Services;

  • Spot network means a type of electric distribution system that uses two or more inter-tied transformers to supply an electrical network circuit. A spot network is generally used to supply power to a single customer or a small group of customers. Spot network has the same meaning as the term "spot network" defined in Section 4.1.4 of IEEE Standard 1547.

  • Cable Television Network means system consisting of set of closed transmission paths and associated signal generation, control and distribution equipment, designed to provide Cable Service for reception by multiple subscribers.