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CryptoAsker Latest Questions

faizanchaki
faizanchaki
Asked: February 24, 2022In: Crypto-Currency

Are blockchain and cryptocurrencies the same?

No. Blockchain is the technology that allows for cryptocurrencies to work. It is a decentralized and digital ledger of transactions used for cryptocurrencies and other assets/functions. It is important to separate the technology behind cryptocurrencies from the actual cryptocurrencies.

blockchain
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Gemblue
Gemblue
Asked: February 23, 2022In: Bitcoin

Who makes the decisions in a blockchain network?

To understand how forks work, it’s important to first understand the participants involved in the decision-making process (or governance) of the network. In Bitcoin, you could broadly make the distinction between three subsets of participants – developers, ...

bitcoinblockchainbtc
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JenamSam
JenamSam
Asked: February 21, 2022In: Crypto Trading

How does a blockchain work?

Picture a chain you might use for a ship’s anchor. But in this case, every link on the chain is a chunk of information that contains transaction data. At the top of the chain you see what happened today, and ...

blockchain
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  • 5 Votes
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Blockchain
Blockchain
Asked: February 21, 2022In: Crypto-Currency

What Is NEAR Protocol (NEAR)?

NEAR is a layer-1 blockchain that is simple to use, super fast, and incredibly secure. NEAR has been awarded the Climate Neutral Product Label from the South Pole and is actively helping users and developers reimagine finance, community, and creativity. ...

blockchain
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  • 7 Votes
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Blockchain
Blockchain
Asked: February 3, 2022In: DeFi

What Are NFT Games and How Do They Work?

NFTs are unique digital collectibles on the blockchain. This feature makes them suitable to use in games as representations as characters, consumables, and other tradeable items. NFT games have become popular in the Game-fi world as a way to earn income. ...

blockchaindefinft
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