Bitcoin Network definition

Bitcoin Network means the online, end-user-to-end-user network hosting the public transaction ledger, known as the Blockchain, and the source code comprising the basis for the cryptographic and algorithmic protocols governing the Bitcoin Network.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Bitcoin 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 Bitcoin Network.

Bitcoin Network means the network of computers running the software protocol underlying bitcoin, which maintains the database of bitcoin ownership and facilitates the transfer of bitcoin among parties.

Examples of Bitcoin Network in a sentence

• Supported Networks are as follows: Bitcoin Network Ethereum Network Litecoin Network Zcash Network Bitcoin Cash Network You agree and understand that a Digital Asset Network is not a Supported Network (each, an “Unsupported Network”), unless it is explicitly named as a Supported Network herein.

• When Account Holder completes a transaction request via Xapo’s Services, Account Holder authorizes Xapo to submit Account Holder’s transaction request to the Bitcoin Network in accordance with the instructions Account Holder provides via Xapo’s Services.

• Xapo does not control the Bitcoin Network and therefore is not responsible for the services provided by the Bitcoin Network – in particular, verifying and confirming transactions that are submitted to the Bitcoin Network.

• Furthermore, Xapo cannot cancel or reverse a transaction that has been submitted to the Bitcoin Network.

• Xapo has no control over the Bitcoin Network and therefore does not ensure that any transaction request Account Holder submits to the Bitcoin Network via Xapo’s Services will be completed.

More Definitions of Bitcoin Network

Bitcoin Network means the Bitcoin Blockchain and any digital asset network, including the Bitcoin peer-to-peer network.

Bitcoin Network means the open source protocol of the peer-to-peer bitcoin computer network upon which Bitcoin is based.

Bitcoin Network means the peer-to-peer Bitcoin computer network.

Bitcoin Network or “Bitcoin” (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 Bitcoin Network.

Bitcoin Network means the decentralized peer-to-peer payment network used to transfer bitcoins.

Bitcoin Network means the peer-to-peer cryptographic network commonly accepted as “Bitcoin” and for which Bitcoin is the native unit of account.

Bitcoin Network means the peer-to-peer network of nodes which ran the Bitcoin electronic cash system and added blocks to the Bitcoin Blockchain up to and including block number 478,558 (which was mined on 1 August 2017) and the subsequent continuation of that network as described below.