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30.11 - 23:23
How Does Blockchain Technology Ensure Transparency In Cryptocurrency Trade? Find Out
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ndtv.comA blockchain consists of essentially three concepts blocks, nodes, and miners.
With cryptocurrency, a whole new language and technology have come into vogue. While some investors are interested in the returns, others are willing to dive deep and understand the technology on which it is operating. Cryptocurrencies are virtual coins — Bitcoin, Ethereum, and Dogecoin among others — that can be mined, bought, and traded for value. The technology that enables it is called a blockchain. It is a system of recording data in a way that makes it difficult to change or cheat the network. It also makes the data available to everyone at any time, so that all transactions are transparent.
What is a blockchain?
A blockchain is a digital ledger of
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