Cryptocurrency Q&A
How does blockchain make you money?
How does blockchain make you money?
BlockchainWizardGuard
Sat Oct 26 2024
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6 answers
1352
I'm curious about the earning potential of blockchain technology. Specifically, I want to understand the various ways it can generate income or profits, and how it has transformed the financial landscape.
6 answers
Nicola
Mon Oct 28 2024
This reward system is a core component of how blockchains operate.
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Chiara
Mon Oct 28 2024
The act of collecting and proposing transaction blocks is commonly referred to as mining.
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HanjiArtist
Mon Oct 28 2024
Blockchains function by utilizing users to gather and propose blocks of recent transactions for inclusion within the distributed ledger.
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Matteo
Mon Oct 28 2024
Miners compete to solve complex mathematical problems in order to propose the next block.
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SejongWisdomSeeker
Mon Oct 28 2024
Users who participate in this process are incentivized by Bitcoin's protocol.
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