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.
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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.
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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.
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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.
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Bitcoin Network means the peer-to-peer Bitcoin computer network.
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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.
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Bitcoin Network means the open source protocol of the peer-to-peer bitcoin computer network upon which Bitcoin is based.
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Bitcoin Network means the decentralized peer-to-peer payment network used to transfer bitcoins.
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Bitcoin Network means the peer to peer cryptographic network commonly accepted as “Bitcoin” and for which bitcoin is the native unit of account.
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Bitcoin Network means the online blockchain distributed ledger commonly known as the “Bitcoin Network” upon which Bitcoin holdings and transactions are primarily recorded, initiated with the mining of the “genesis block” on January 3, 2009, as the same may be upgraded or modified from time to time, as determined by the Depositary or the Custodian in its sole discretion; provided however, that, the “Bitcoin Network” shall not include any other blockchain, network or other system that has, before the date hereof, forked or split from the such blockchain (e.g., the Bitcoin Cash blockchain) or any blockchain, network or other system that hereafter forks or splits from such blockchain, unless the Depositary or the Custodian determines, in its sole discretion, that such blockchain, network or other system is the successor to the Bitcoin Network. Further, the “Bitcoin Network” shall not include any “layer 2” protocol of the Bitcoin Network (e.g., the “Lightning Network”) or any other blockchain, network or system (other than the Bitcoin Network) on which transactions or holdings denominated in Bitcoin or tokenized Bitcoin may be made or held.
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