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Lord RK
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Common Uses & Examples Medium of Exchange: Buying goods/services (though less common than traditional money). Investment/Trading: Speculating on price changes. Examples: Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Solana (SOL). $REQ
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How It Works Digital Wallet: Crypto is stored in digital wallets, not physical ones. Transaction: A transfer sends digital entries across the network. Verification: Network nodes (computers) verify the transaction. Ledger Update: The confirmed transaction is added to the blockchain. $COMP
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#WriteToEarnUpgrade 💲💗💵$SOL
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#CPIWatch How It Works Digital Wallet: Crypto is stored in digital wallets, not physical ones. Transaction: A transfer sends digital entries across the network. Verification: Network nodes (computers) verify the transaction. Ledger Update: The confirmed transaction is added to the blockchain. $ME $JTO $IN
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#BinanceBlockchainWeek #CryptoRally Decentralization: No government or bank controls it; managed by a network of computers. Blockchain: A public, distributed digital ledger recording all transactions, making them transparent and secure. Cryptography: Advanced coding secures transactions and controls new units. Mining/Staking: Processes (Proof of Work/Proof of Stake) to validate transactions and create new coins. $KEY $LTO $LTC
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