Is crypto a ponzi scheme?
Crypto operates based on a decentralized network.
In a decentralized network, there is no central authority or governing body that controls or regulates the cryptocurrency. Instead, it relies on a distributed network of computers, known as nodes, that work together to maintain the integrity and security of the network.
Transactions in cryptocurrency are verified and recorded on a public ledger called the blockchain, which is maintained and updated by the nodes on the network.
Last updated 10/16/2023, 9:14:54 PM
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