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How crypto works?


Answers (1)

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Arsalan Afzal
Jan 30, 2022 15:04:10

[8:03 pm, 30/01/2022] Official: How crypto works [8:03 pm, 30/01/2022] Imran Multan Center SEO: Cryptocurrencies use a distributed, peer-to-peer network to create a tamper-proof log of transactions. This ledger is called a blockchain. Each participant in the network has a copy of the blockchain, which is constantly updated as new transactions are made. Cryptocurrencies are secured by cryptography. Cryptography is the practice of secure communication in the presence of third parties. It involves transforming readable data into an unreadable format and vice versa. In order to participate in a cryptocurrency transaction, you need to have access to the appropriate cryptographic keys.

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