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Questions tagged [verify transaction]

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Valentina Valentina Sat Sep 07 2024 | 5 answers 1161

Why do cryptocurrencies take a long time to verify a transaction?

Can you explain the reasons behind the lengthy verification process for cryptocurrency transactions? Is it due to the complexity of the blockchain technology, the high volume of transactions, or something else entirely? How does this affect the usability and adoption of cryptocurrencies in the real world? Are there any solutions being developed to speed up the verification process?

Why do cryptocurrencies take a long time to verify a transaction?

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