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Some cryptocurrencies share a blockchain, while other cryptocurrencies run on their own different blockchains.
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All transactions are recorded on the internet inside a electronic databases identified as a blockchain that works by using strong one particular-way encryption to guarantee protection and proof of ownership.
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Blockchains are exceptional in that, after a transaction is recorded and verified, it may possibly?�t be adjusted. The ledger only allows for 1-way details modification.