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Bank of america coinbase fee | Cryptocurrency, however, is a largely unregulated market, and even when regulations exist they can vary by jurisdiction. Now, most miners use special computers whose sole job is to run the complex calculations involved in mining all day every day. Please review our updated Terms of Service. Most cryptocurrencies are based on blockchain technology , a networking protocol through which computers can work together to keep a shared, tamper-proof record of transactions. Blockchains rely on users to collate and submit blocks of recent transactions for inclusion in the ledger, and Bitcoin's protocol rewards them for doing so successfully. This article was originally published on Nov 29, at p. If you win the right to create a block, it might not be worth the risk of tampering with the records and having your submission thrown out � forfeiting the reward. |
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