Cryptocurrency Q&A
What does network mean in crypto?
What does network mean in crypto?
BusanBeautyBloomingStar
Sun Jul 21 2024
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7 answers
1508
I don't understand this question. Could you please assist me in answering it?
7 answers
Giulia
Tue Jul 23 2024
In the burgeoning realm of blockchain and cryptocurrency technology, the concept of a "network" holds paramount significance.
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PhoenixRising
Tue Jul 23 2024
Fundamentally, a network in this context refers to a web of interconnected computers or nodes, which function as the building blocks of the system.
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Valentina
Tue Jul 23 2024
These nodes adhere to a predefined set of protocols, serving as the backbone for validating and recording transactions.
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GangnamGlamour
Tue Jul 23 2024
The shared ledger, often referred to as a blockchain, is the heart of this network, housing a tamper-proof record of all transactions.
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Pietro
Mon Jul 22 2024
The interconnected nodes work in tandem, utilizing consensus algorithms to ensure the integrity and security of the ledger.
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