Blockchain definition
Blockchain means a digital ledger or database which is chronological, consensus based, decentralized and mathematically verified in nature;
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.
Blockchain means a distributed ledger that records transactions between parties in a verifiable and permanent way.
Examples of Blockchain in a sentence
A Digital Asset will be deemed to have been returned to Client when: (i) a transfer of the Digital Asset initiated by Anchorage has received a reasonable number of confirmations on the relevant Blockchain; (ii) Anchorage has provided the Private Key associated with the Digital Asset to Client; or (iii) via an alternative method mutually agreed upon between Anchorage and Client.
This Access Speed excludes (i) the time for a Blockchain to propagate a block and (ii) Support Services.
Anchorage shall be deemed to have received a Digital Asset after the Digital Asset’s receipt has been confirmed on the relevant Blockchain or otherwise ledgered to Anchorage’s satisfaction.
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,
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.