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What are the 3 most important components for a blockchain?
The three most important components for a blockchain, which are foundational to its operation and define its unique characteristics, include:
1. Distributed Ledger Technology (DLT): At its core, a blockchain is a type of distributed ledger technology. Unlike traditional ledgers o...
What does it mean when crypto users say ‘pseudonymity’?
When crypto users say "pseudonymity," they are referring to the practice of using a pseudonym or fake name instead of one's real name when engaging in cryptocurrency transactions or other activities.
In a pseudonymous system, users are not required to reveal their real identities...
Is the Blockchain Anonymous?
The blockchain itself is not inherently anonymous. In fact, one of the key features of blockchain technology is that all transactions are recorded in a public ledger that is accessible to anyone.
However, some blockchains do offer a degree of anonymity or pseudonymity through the...
