Featured Archives - The Chain of Transactions - A blog about the most popular decentralized data technology - Wed, 24 Apr 2024 14:40:42 +0000 en-US hourly 1 https://wordpress.org/?v=6.1.1 https://pazzi.world/wp-content/uploads/2022/11/cropped-blockchain_favicon-32x32.png Featured Archives - The Chain of Transactions 32 32 Essential Approaches to Succeeding in Crypto Roulette https://pazzi.world/essential-approaches-to-succeeding-in-crypto-roulette/ Wed, 24 Apr 2024 14:40:40 +0000 https://pazzi.world/?p=165 A unique take on traditional casino games, cryptocurrency roulette lets players place wagers using virtual currencies. The fusion of conventional roulette rules with contemporary technology enhances player accessibility and anonymity while introducing novel elements to the game’s strategy. We’ll look at a number of methods and strategies in this post that can improve your odds

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A unique take on traditional casino games, cryptocurrency roulette lets players place wagers using virtual currencies. The fusion of conventional roulette rules with contemporary technology enhances player accessibility and anonymity while introducing novel elements to the game’s strategy. We’ll look at a number of methods and strategies in this post that can improve your odds of winning and lower your risk of losing when playing cryptocurrency roulette.

Recognizing the game’s regulations

It’s crucial to comprehend the regulations of cryptocurrency roulette well before you begin playing –  https://rubbellose-spielen.org/. It’s crucial to read the fine print on every website or app you choose to play on because variations in game rules between platforms can have a big impact on strategy and result.

Betting Specifications

Cryptocurrency roulette bets fall into two main categories: external and internal bets.

External bets:

  1. Red/Black: Betting on the color of the falling number. The odds are approximately equal, minus the casino’s advantage.
  2. Even/Odd: A bet on whether an even or odd number will fall out.
  3. High/Low Numbers: A bet on which range a number will fall into: 1-18 are called low numbers, 19-36 are called high numbers.

These wagers typically have higher chances of winning but pay out less; typically, the winnings will cover the wager, or 1 to 1.

Inside bets:

  1. Straight bet: A bet on one specific number. This is the least likely outcome but offers the highest payout, usually 35 to 1.
  2. Split: A bet on two neighboring numbers on the playing field.
  3. Street: A bet on all three numbers in a row.
  4. Corner: A bet on four numbers forming a square on the playing field.

When it comes to outside bets, inside bets have significantly lower odds of winning, but they provide far larger payouts.

Payouts and odds

Determining the casino’s edge is crucial to comprehending payouts and odds. Similar to traditional roulette, this advantage in cryptocurrency roulette varies from casino to casino but typically consists of one or two zeros that boost the casino’s edge.

Strategies for managing bankrolls

A cryptocurrency roulette strategy that is successful must include bankroll management. Not only may prudent money management reduce risk, but it will also improve long-term sustainability. Here are some bankroll management techniques to help you play to the best of your ability.

Fixed Bet

This strategy is predicated on the participant predetermining how much of his bankroll he is willing to stake during each gaming round. It is usually recommended to set this percentage between 1-2%. This means that if you have a bankroll of $1000, you will bet between $10 and $20 on each spin. This method helps you avoid significant losses and ensures long-term sustainability of the game.

Martingale Method

A progressive betting method, the Martingale system doubles your wager following each loss. The goal here is to recover all previous losses plus win an amount equal to the original bet when a win occurs. For example, if the initial bet was $10 and is lost, the next bet will be $20. If that bet is also lost, the next bet will be $40 and so on. The key disadvantage is that using this system requires a significant bankroll and there is a risk of quickly reaching the limit of bets on the table.

Fibonacci System

The Fibonacci system is a less aggressive version of Martingale that uses the Fibonacci sequence (0, 1, 1, 2, 3, 3, 5, 8, 13, 21, …) to guide your bets. In this system, each next bet is equal to the sum of the two previous losing bets. This means that after losing on a bet equal to one, the next bet will be equal to two, then three, five and so on. The advantage of this system is that after a series of losses, the required bet to recover losses grows less rapidly than in Martingale.

Bankroll splitting

Another approach is to divide your bankroll into several parts to manage risk. For example, a $1000 bankroll can be divided into 10 equal parts of $100 each. Each part can be used for a session or a day of play, which helps to avoid depleting the entire bankroll too quickly.

Psychology of the game

The psychology of the game plays a critical role in a player’s success throughout the entire gambling process, including cryptocurrency roulette. Having a firm grasp of the statistical facts of the game and being conscious and in control of your own emotions can greatly influence your odds of winning.

Stopping skills

  • The secret to controlling gambling is to establish and enforce financial restrictions. There should be upper and lower bounds for maximum winnings and losses. For instance, you can decide to cancel the gaming session when you lose 20% of your initial bankroll or when you earn 50% of it. This will enable you to depart on schedule while protecting earnings and averting significant losses.
  • Emotional betting frequently results in snap judgments meant to maximize profits or swiftly recover losses. Staying cool and collected is essential for handling your money and staying in charge of the game. This can be achieved by setting clear guidelines and boundaries.

Expectation and reality

  • It is important to remember that the outcome of each spin in roulette is independent of the outcomes of previous spins. The roulette wheel has no memory and each spin is a random event. Players who believe in “hot” or “cold” series often succumb to the player fallacy of believing that previous outcomes affect future outcomes, which can lead to incorrect bets and increased losses.
  • Realizing and accepting that each spin of the roulette wheel is a separate and independent event will help you remain rational in evaluating your odds and bets. It will also help you avoid the common mistake of players increasing bet sizes in an attempt to “win back” after a series of losses, which often results in even greater financial losses.

Technological advantage

Participants can greatly improve their odds of winning at cryptocurrency roulette by utilizing technological advancements such as data analysis software and specialized tools. These tools allow you to collect and analyze information about previous spins and identify statistical trends, which is an invaluable resource for strategic betting planning. Gambling platforms often provide built-in analytics features that can display hot and cold numbers, win frequencies, and other relevant statistics, giving players access to real-time data. This not only helps in making informed betting decisions, but also avoids common gambling fallacies by relying on objective rather than emotionally colored data. This methodology enhances the decision-making process with a scientific foundation and encourages more prudent and efficient bankroll management.

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Unleashing the Thrills: A Comprehensive Review of JBD Online Slot Provider https://pazzi.world/unleashing-the-thrills-a-comprehensive-review-of-jbd-online-slot-provider/ Fri, 05 May 2023 10:12:03 +0000 https://pazzi.world/?p=133 It is always exciting to come across a new slot provider that promises a unique gaming experience. In this review, we will be taking a closer look at JBD, an online slot provider that has been gaining popularity in recent times. Our goal is to provide you with an in-depth analysis of JBD’s games, features,

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It is always exciting to come across a new slot provider that promises a unique gaming experience. In this review, we will be taking a closer look at JBD, an online slot provider that has been gaining popularity in recent times. Our goal is to provide you with an in-depth analysis of JBD’s games, features, and overall user experience, to help you make an informed decision on whether to give this provider a try or not.

Game Selection

One of the most critical aspects of any online slot provider is the variety and quality of its games. JBD offers an extensive collection of slot games, ranging from classic three-reel slots to modern video slots with multiple paylines and bonus features. All their games are designed with high-quality graphics and sound effects, ensuring an immersive gaming experience.

One unique aspect of JBD’s game selection is that they offer a good mix of traditional and modern themes. For example, you can find classic fruit-themed slots alongside modern slots based on popular movies or TV shows. This diversity ensures that there is something for everyone and makes JBD stand out from other online slot providers.

5 most popular slots

JBD Online Slot Provider is a rising star in the online gaming industry, offering a wide range of exciting slot games that cater to different player preferences. In this review, we’ll take a closer look at JBD’s 5 most popular slots and what makes them stand out.

Dragon Slayer

Dragon Slayer is a 5-reel, 25-payline slot game that takes players on a thrilling adventure to defeat dragons and win big rewards. The game features high-quality graphics and animations, along with bonus features such as free spins, multipliers, and a pick-and-win game. What makes Dragon Slayer unique is its “Dragon Slayer Meter,” which increases as players hit winning combinations and triggers a special bonus feature when filled up.

Fruit Frenzy

For those who enjoy classic fruit-themed slots, Fruit Frenzy is the perfect choice. This 3-reel, 5-payline slot game features vibrant fruit symbols, a simple gameplay, and a high RTP of 97.5%. The game’s bonus feature is the “Fruit Frenzy Meter,” which fills up as players hit winning combinations and awards a bonus payout when full.

Book of Riches

Book of Riches is a 5-reel, 10-payline slot game that takes players on an ancient Egyptian adventure to uncover treasures and riches. The game’s standout feature is the “Book of Riches” symbol, which acts as both a wild and a scatter symbol and triggers the game’s free spins bonus round. During the bonus round, a random symbol is chosen as the special expanding symbol, which can lead to big wins.

Lucky 7

Lucky 7 is another classic 3-reel, 5-payline slot game that appeals to players who prefer simple gameplay and straightforward rewards. The game features traditional symbols such as bars, sevens, and cherries, along with a high RTP of 97.5%. The game’s standout feature is the “Lucky 7” symbol, which pays out the highest rewards in the game.

Space Wars

Space Wars is a modern 5-reel, 20-payline slot game that takes players on an intergalactic adventure with alien creatures and futuristic spaceships. The game features high-quality graphics and animations, along with bonus features such as free spins, stacked symbols, and a “Cloning Pod Re-Spin” feature that increases the chances of hitting big wins.

User Experience

JBD’s website is user-friendly and easy to navigate, even for first-time visitors. The site’s layout is clean and straightforward, with clear categories and filters to help you find your favorite games quickly. The site’s loading speed is also impressive, ensuring a seamless user experience, even during peak traffic hours.

JBD’s games are accessible on multiple devices, including desktops, laptops, and mobile devices. Their mobile site is optimized for smaller screens, ensuring that users can enjoy their favorite games on the go. The graphics and sound effects are just as impressive on mobile devices, ensuring an immersive gaming experience regardless of the device you use.

Bonus Features

One area where JBD excels is its bonus features. They offer a variety of bonuses, including free spins, wild symbols, and bonus games. The bonuses are not only generous but also well-designed and add an extra layer of excitement to the games.

JBD also offers a loyalty program, where players can earn rewards based on their gameplay. These rewards can include free spins, cashback, and other exclusive offers, making it worth your while to stick around and play at JBD.

Fairness and Security

As with any online slot provider, fairness and security are critical concerns for players. JBD is licensed by the Malta Gaming Authority, which is one of the most respected licensing authorities in the industry. This license ensures that JBD’s games are regularly audited for fairness and that player data is protected using the latest security measures.

JBD also uses industry-standard encryption technology to protect player data and transactions, ensuring that your personal and financial information is safe and secure.

Conclusion

Overall, we were impressed with JBD’s games, features, and user experience. Their game selection is diverse and well-designed, and their website is easy to navigate and accessible on multiple devices. The bonus features are generous and add an extra layer of excitement to the games. Most importantly, JBD is licensed and regulated by a respected authority and takes player security seriously.

If you are looking for a new online slot provider to try, we highly recommend giving JBD a shot. With their impressive game selection, generous bonuses, and commitment to fairness and security, they are a provider that you can trust.

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NetEnt Online Slots Provider Review https://pazzi.world/netent-online-slots-provider-review/ Tue, 18 Apr 2023 08:00:23 +0000 https://pazzi.world/?p=128 Welcome to our comprehensive review of NetEnt, one of the leading online slots providers in the iGaming industry. In this article, we will delve deep into the world of NetEnt, exploring their game portfolio, features, gameplay, graphics, and much more. So, sit back, relax, and let’s dive into the world of NetEnt online slots! Introduction

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Welcome to our comprehensive review of NetEnt, one of the leading online slots providers in the iGaming industry. In this article, we will delve deep into the world of NetEnt, exploring their game portfolio, features, gameplay, graphics, and much more. So, sit back, relax, and let’s dive into the world of NetEnt online slots!

Introduction to NetEnt

NetEnt, short for Net Entertainment, is a renowned software provider that has been at the forefront of the online gaming industry since its inception in 1996. Based in Sweden, NetEnt has become synonymous with top-quality online slots, table games, and live casino games. With a mission to provide the ultimate gaming experience to players worldwide, NetEnt has a proven track record of delivering innovative and cutting-edge games that are loved by both players and operators alike.

Game Portfolio

NetEnt boasts an extensive and diverse game portfolio that caters to the preferences of all types of players. From classic slots to modern video slots, progressive jackpots to table games, NetEnt has it all. One of the key factors that sets NetEnt apart from other online slots providers is their focus on creating visually stunning games with captivating gameplay mechanics.

The graphics and animations in NetEnt games are nothing short of breathtaking, with meticulously designed themes, characters, and symbols that come to life on the screen. Each game is crafted with attention to detail, offering an immersive gaming experience that keeps players engaged for hours on end. NetEnt’s games are also optimized for mobile play, allowing players to enjoy their favorite slots on the go, anytime, and anywhere.

Features and Gameplay

NetEnt’s online slots are packed with exciting features that add depth and complexity to the gameplay. From free spins and bonus rounds to wilds, scatters, and multipliers, NetEnt games offer a plethora of opportunities for players to win big. The innovative gameplay mechanics in NetEnt slots keep players on the edge of their seats, as they navigate through thrilling storylines and engaging gameplay elements.

One of the standout features of NetEnt slots is the unique “Avalanche” feature, where symbols fall into place instead of spinning reels. When a winning combination is formed, the winning symbols explode and disappear, allowing new symbols to fall into their place and potentially create additional winning combinations. This feature adds an extra layer of excitement and anticipation to the gameplay, keeping players coming back for more.

Graphics and Visuals

NetEnt is renowned for its stunning graphics and visuals, which are a feast for the eyes. The attention to detail in their game designs is remarkable, with beautifully crafted symbols, animations, and backgrounds that create an immersive gaming experience. Whether it’s the lush landscapes of a fantasy world, the neon lights of a bustling city, or the serene tranquility of an underwater kingdom, NetEnt games transport players to different worlds with their breathtaking graphics.

The use of cutting-edge technology and high-quality graphics in NetEnt games elevates the overall gaming experience to new heights. The games are designed with a keen eye for aesthetics, featuring crisp visuals, vibrant colors, and smooth animations that make them a visual delight. The graphics in NetEnt games are also optimized for different devices, ensuring that players can enjoy the same stunning visuals whether they are playing on desktop, mobile, or tablet.

Innovative Themes and Storylines

NetEnt is known for its innovative themes and storylines that set their games apart from the competition. From popular culture references to unique concepts, NetEnt games offer a diverse range of themes that cater to different player preferences. Whether you’re a fan of mythology, fairy tales, adventure, sci-fi, or sports, NetEnt has a game that will pique your interest.

NetEnt also collaborates with major brands to create branded slots, bringing beloved characters and worlds to life in the gaming realm. Some of the popular branded slots by NetEnt include games based on movies like Jumanji, Planet of the Apes, and Guns N’ Roses, as well as TV shows like Vikings and Narcos. These branded slots not only offer exciting gameplay but also appeal to fans of the respective brands, creating a unique gaming experience.

Player-Friendly Features

NetEnt games are designed with players in mind, offering various player-friendly features that enhance the overall gaming experience. One of these features is the “Quick Spin” option, which allows players to speed up the gameplay by reducing the spinning time of the reels. This feature is particularly useful for players who prefer a faster pace and want to fit more spins in a shorter amount of time.

Another player-friendly feature is the “Autoplay” option, which lets players set the game to spin automatically for a certain number of spins, without having to manually click the spin button each time. This feature is convenient for players who prefer a more relaxed gaming experience or want to multitask while playing.

Fairness and Security

NetEnt is committed to ensuring fairness and security in their games. All of their games are independently tested and certified by reputable testing agencies for fairness and randomness of outcomes. This means that players can trust that the results of their spins are determined by a Random Number Generator (RNG) that is regularly audited to ensure fairness.

In addition, NetEnt games are designed with state-of-the-art security measures to protect players’ personal and financial information. The games are encrypted with SSL technology, which ensures that all data transmitted between the player’s device and the game server is encrypted and secure from unauthorized access.

Conclusion

NetEnt is a leading online slots provider with a reputation for delivering high-quality games that are loved by players around the world. Their game portfolio is diverse and innovative, featuring visually stunning graphics, engaging gameplay mechanics, and player-friendly features. With a commitment to fairness and security, NetEnt has established itself as a trusted and reliable provider in the iGaming industry.

Whether you’re a seasoned player or new to online slots, NetEnt casino is worth checking out for immersive gameplay, exciting features, and captivating themes. With their reputation for excellence and commitment to player satisfaction, NetEnt continues to be a top choice for players and operators alike in the world of online slots.

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New York imposed a two-year moratorium on mining https://pazzi.world/new-york-imposed-a-two-year-moratorium-on-mining/ https://pazzi.world/new-york-imposed-a-two-year-moratorium-on-mining/#respond Thu, 24 Nov 2022 10:00:41 +0000 https://pazzi.world/?p=39 New York State Governor Kathy Hochul has signed a moratorium bill on cryptocurrency mining using carbon-generated electricity. A screenshot of her decision was published by New York Assemblywoman Anna Kelles, who initiated the bill. She called the move “a huge victory for the planet.” The document would freeze current levels of carbon emissions from mining.

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New York State Governor Kathy Hochul has signed a moratorium bill on cryptocurrency mining using carbon-generated electricity.

A screenshot of her decision was published by New York Assemblywoman Anna Kelles, who initiated the bill. She called the move “a huge victory for the planet.”

The document would freeze current levels of carbon emissions from mining. Companies operating under such a scheme will not be able to expand operations. Authorities plan to study the potential environmental impact of Proof-of-Work (PoW) mining over a two-year period.

In February, New York gubernatorial candidate Juman Williams called on incumbent state authorities to ban bitcoin and other cryptocurrency mining on PoW.

In April, a group of U.S. congressmen asked the Environmental Protection Agency to check the mining industry for environmental risks and compliance with relevant laws. That same month, the New York Assembly approved two years of restrictions on cryptocurrency mining.

The bill was later supported by state senators, but was criticized by incumbent Mayor Eric Adams.

Industry representatives said that the moratorium would lead to an exodus of the cryptocurrency mining business and would do little for the bill’s stated goals.Recall, experts from the Cambridge Center for Alternative Finance concluded that bitcoin mining produces 0.1% of global CO₂ emissions.

Read ForkLog bitcoin news in our Telegram – cryptocurrency news, rates and analytics.

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All or Nothing: two scenarios for bitcoin! https://pazzi.world/all-or-nothing-two-scenarios-for-bitcoin/ https://pazzi.world/all-or-nothing-two-scenarios-for-bitcoin/#respond Fri, 16 Sep 2022 10:02:00 +0000 https://pazzi.world/?p=42 Now it is critical for bitcoin (BTC) to hold the $16,000 level. If this does not happen, the price of the main cryptocurrency may update the multi-year low. Dave the Wave is a famous cryptoanalyst, whose “twitter” is followed by more than 130 thousand users. Yesterday he published in his microblog an updated model of

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Now it is critical for bitcoin (BTC) to hold the $16,000 level. If this does not happen, the price of the main cryptocurrency may update the multi-year low.

Dave the Wave is a famous cryptoanalyst, whose “twitter” is followed by more than 130 thousand users. Yesterday he published in his microblog an updated model of the logarithmic growth curve (LGC) of bitcoin.

According to his charts, bitcoin today is exactly on the lower end of the long-term logarithmic curve, which has historically acted as support. BTC has already had price action below this curve in its history, such as in the bear market of 2015 or during the COVID-19 collapse in March 2020.

In past cycles, however, such declines have not lasted long, and bitcoin has quickly regained its long-term support. This usually signaled the end of a bear market and the beginning of a new bull market.

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The Miners… https://pazzi.world/the-miners/ https://pazzi.world/the-miners/#respond Sun, 11 Sep 2022 10:05:00 +0000 https://pazzi.world/?p=30 What miners do and why they are needed If the blockchain network acts as a third party in the transfer of value, then, like a banking system, the network has a support staff, in blockchain this staff is “Nodes”. – software code installed on special hardware, and the people who own and maintain such systems

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What miners do and why they are needed

If the blockchain network acts as a third party in the transfer of value, then, like a banking system, the network has a support staff, in blockchain this staff is “Nodes”. – software code installed on special hardware, and the people who own and maintain such systems are miners.

To perform a transaction in a blockchain, it must be created and placed in a mempool – a special accumulator that collects transactions waiting to be added to the block and chain.

What miners do?

The miners connect to the mempool and start processing all the transactions in the queue. If you look at the process globally, it looks like this: the system learns about all the transactions in the mempool, processes them, writes to the block, and calculates the hashes. To confirm that the block is correct, a miner needs to submit a solution to the network, which is checked by other miners and, if all is well and most participants accept the result of the hash calculation, the block is considered correct and is then added to the blockchain.

It turns out that to add a new block, all participants in the network need to agree, and if the majority of miners support the decision and agree with it, the block appears in the network. That is, the blockchain needs a consensus or decision supported by the majority. That is what miners do, getting a reward from the network for their work.

There are two main types of mining: proof-of-work and prood-of-stake, but most blockchain projects now work on the proof-of-work principle, which is why miners need highly efficient and productive equipment.

How do transactions in blockchain happen?

In order to make a bank transfer, a user needs to open an account using his personal data, deposit funds into it, and only then can transactions be made, which in addition must meet the requirements of the financial institutions I mentioned above.

To make a transaction in the blockchain, the user needs only two keys: a Public Key and a Private Key.

“Public Key” is a set of numbers and symbols available for anyone in the bitcoin network to view – this is the number of the wallet, its address used to transfer funds.

The “private key” is the most valuable. It is used to sign all transactions in the wallet, so it should be carefully kept in a safe place.

All information encrypted with a user’s private key can be decrypted by anyone using their public key, but they cannot open a wallet or transfer funds. Thus it is possible to find out information about every transaction of any account, such a system is completely transparent, but it is also anonymous because blockchain does not store any personal information and it is difficult to identify the owners of private keys.

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Principles in Technology https://pazzi.world/principles-in-technology/ https://pazzi.world/principles-in-technology/#respond Tue, 10 May 2016 08:56:00 +0000 https://pazzi.world/?p=27 Intermediaries in the money transmission function Before Bitcoin and other cryptocurrencies, people had only two ways to transfer money: Usually the third party is a whole set of services and platforms working by their own rules. For example if a customer pays in-store by card, the merchant’s terminal contacts his bank, the bank forwards the

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Intermediaries in the money transmission function

Before Bitcoin and other cryptocurrencies, people had only two ways to transfer money:

  • To hand over money, in person;
  • transfer through intermediaries – using a third party (banks, payment systems, mail, etc.);

Usually the third party is a whole set of services and platforms working by their own rules. For example if a customer pays in-store by card, the merchant’s terminal contacts his bank, the bank forwards the request to the payment system, the payment system forwards the request to the bank which gave the customer his card, and then the whole chain is repeated in the opposite direction. It is clear that this scheme is simplified as much as possible, but even from it we see how many participants (intermediaries) in a fairly simple operation.

Intermediaries

In addition to the transfer itself, intermediary banks can perform additional functions, for example, at the request of the state to write off debts and block accounts. An ordinary payment is checked against many parameters:

  • Whether there are enough funds in the user’s account;
  • Where the funds came from;
  • whether there are any debts;
  • whether there is a ban on the movement of funds;
  • What is the amount of payment, whether the purchase limit is not exceeded.

This is not a complete list of all the checks a payment undergoes; banks and payment systems keep more detailed information about the security system in secret.

But why is it bad? You may ask, the fact that you have to pay for the maintenance of the entire system, namely, servers, programmers, managers, lawyers, economists and other staff, and the user always pays.

Fact

When processing transactions in the blockchain, hashes are constantly checked, after which, the system goes up to the last hash, where it confirms the integrity and correctness of all previous codes so that the block closes.

This constant verification eliminates the possibility of someone adding “extra” coins and sending invalid information to the network – such a block will not pass the verification and will not be added to the network. Hence the name – a chain that works continuously and adds links.

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