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Fiat Money History & Examples What is Fiat Money? Video & Lesson Transcript
In contrast, proof-of-work systems are ledgers with decentralized and automated transfer agents and registrars. The coinholders do not determine the state of the ledger, the miners do, via energy expenditure. A proof-of-work system is not based on circular logic; even if the entire blockchain goes offline, it can be restarted Leer más…