Leonardo
Tue Jul 09 2024
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5 answers
900
Is crypto the same as a public blockchain?
Inquiring minds often ponder: is cryptocurrency synonymous with a public blockchain? Surely, there is a close association, but are they truly one and the same? A public blockchain, after all, serves as the underlying infrastructure that facilitates secure, decentralized transactions, a cornerstone of many cryptocurrencies. However, does the mere existence of a public blockchain automatically equate to the existence of a cryptocurrency? Or are there nuances, distinct features, and varying applications that separate these two entities? This question begs for clarification, as the intertwining of blockchain technology and cryptocurrency often leaves the uninitiated scratching their heads.
SumoHonor
Fri Jun 07 2024
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5 answers
1044
What is the name of the Dubai cryptocurrency?｜Jumping on the bandwagon, Dubai has launched its own cryptocurrency -- DubaiCoin (DBIX). Based on a public blockchain, the crypto is trading on a select number of exchanges. Public blockchain will allow people to generate their own DubaiCoin by mining them.
Could you please tell me the name of the cryptocurrency introduced by Dubai? It seems like they've jumped on the trend and introduced their own digital currency. Is it DubaiCoin (DBIX) by any chance? And could you elaborate on its foundation? I understand it's based on a public blockchain, but how does that work? Do people have the opportunity to mine DubaiCoin themselves? If so, how does the mining process take place? It would be fascinating to know more about this new addition to the crypto world.
