“Public blockchain” defined.

NRS 719.145 “Public blockchain” defined. “Public blockchain” means an electronic record of transactions or other data which: 1. Is uniformly ordered; 2. Is processed using a decentralized method by which two or more unaffiliated computers or machines verify the recorded transactions or other data; 3. Is redundantly maintained by two or more unaffiliated computers or machines to guarantee the consistency or nonrepudiation of the recorded transactions or other data; 4. Is validated by the use of cryptography; and 5. Does not restrict the ability of any computer or machine to: (a) View the network on which the record is maintained; or (b) Maintain or validate the state of the public blockchain. (Added to NRS by 2019, 2818, 2825)