Nevada § 719.145 “Public blockchain” defined

Nevada Statutes

§ 719.145 — “Public blockchain” defined

Nevada § 719.145

Title 59ELECTRONIC RECORDS AND TRANSACTIONS

Ch. 719Electronic

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Bluebook

Nev. Rev. Stat. § 719.145 (2026).

Text

“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.

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“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.