Difference between revisions of "Translations:VeriBlock and Proof-of-Proof FAQ/43/en"

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Latest revision as of 14:13, 8 January 2020

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Message definition (VeriBlock and Proof-of-Proof FAQ)
With VeriBlock and the Bitcoin Finality Indicator ("BFI"), the exchange/merchant wouldn't accept and finalize the transaction until BFI indicated that the transaction has achieved "Bitcoin finality" which is a mathematical guarantee that the transaction cannot be overwritten/removed from the blockchain unless the attacker 51% attacks Bitcoin itself.
TranslationWith VeriBlock and the Bitcoin Finality Indicator ("BFI"), the exchange/merchant wouldn't accept and finalize the transaction until BFI indicated that the transaction has achieved "Bitcoin finality" which is a mathematical guarantee that the transaction cannot be overwritten/removed from the blockchain unless the attacker 51% attacks Bitcoin itself.

With VeriBlock and the Bitcoin Finality Indicator ("BFI"), the exchange/merchant wouldn't accept and finalize the transaction until BFI indicated that the transaction has achieved "Bitcoin finality" which is a mathematical guarantee that the transaction cannot be overwritten/removed from the blockchain unless the attacker 51% attacks Bitcoin itself.