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Cryptocurrencies, such as Bitcoin and Ethereum, have gained significant prominence in recent years. They serve as digital assets that can be exchanged without relying on traditional financial institutions like banks. The decentralized nature of cryptocurrencies empowers users with greater control over their finances, eliminating the limitations and costs associated with conventional fiat currency systems.
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Blockchain, a decentralized ledger technology, forms the cornerstone of cryptocurrencies. It enables transparent, secure, and immutable transactions by creating a network of interconnected blocks. These blocks contain records of digital assets and transactions, forming an efficient and reliable system without the need for intermediaries.
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