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Cryptocurrencies are generally viewed as a distinct asset class in practice. [6] [7] [8] Some crypto schemes use validators to maintain the cryptocurrency. In a proof-of-stake model, owners put up their tokens as collateral. In return, they get authority over the token in proportion to the amount they stake.
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Number of bitcoin transactions per month (logarithmic scale) Bitcoin is a cryptocurrency, a digital asset that uses cryptography to control its creation and management rather than relying on central authorities. [1] Originally designed as a medium of exchange, Bitcoin is now primarily regarded as a store of value.
A blockchain is a decentralized, distributed, and often public, digital ledger consisting of records called blocks that are used to record transactions across many computers so that any involved block cannot be altered retroactively, without the alteration of all subsequent blocks.
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