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All transactions are recorded on-line in a digital databases referred to as a blockchain that uses highly effective 1-way encryption to be certain safety and evidence of possession.
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Some cryptocurrencies share a blockchain, though other cryptocurrencies work on their own independent blockchains.
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Blockchains are exceptional in that, after a transaction has actually been recorded and verified, it may?�t be modified. The ledger only allows for one-way details modification.
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