BLOCK CHAIN – THE PLAYER BEHIND CRYPTO-CURRENCIES
As we are
aware, crypto currencies like BITICOIN are gaining popularity day by day, one
may wonder suddenly how the alternative money exchange system come in to existence. Comparatively new technology called block chains
are behind the facilitation of crypto currencies. Block chains are best known for their crucial
role in cryptocurrency systems, such as Bitcoin, for maintaining a secure and decentralized record of
transactions. The innovation with a block chain is that it guarantees the
fidelity and security of a record of data and generates trust without the need
for a trusted third party.
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