Questions tagged [blockchain layer]

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EthereumEliteGuard EthereumEliteGuard Thu Aug 29 2024 | 6 answers 1510

Why do cryptocurrencies need a blockchain Layer?

Could you elaborate on the necessity of a blockchain layer for cryptocurrencies? How does it contribute to the security, transparency, and decentralization of these digital assets? Is there a specific reason why traditional databases or ledgers cannot fulfill the same purpose? I'm curious to understand the unique advantages that blockchain technology brings to the cryptocurrency ecosystem.

Why do cryptocurrencies need a blockchain Layer?

|Topics at Cryptocurrency Q&A

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