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All transactions are recorded on-line within a digital database named a blockchain that takes advantage of powerful 1-way encryption to be sure protection and proof of ownership.
6. Paste your deposit deal with because the vacation spot deal with within the wallet you're initiating the transfer from
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Some cryptocurrencies share a blockchain, although other cryptocurrencies work on their own independent blockchains.
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A blockchain is actually a distributed public ledger ??or online electronic databases ??which contains a document of each of the transactions on the System.