Ethereum mining meaning

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ethereum mining meaning

Ethereum is a decentralized, open-source blockchain with smart contract functionality. Ether is the native cryptocurrency of the platform. Mining serves two purposes: To create new coins and to maintain a log of all transactions of existing digital tokens. As is the case with. Ethereum enables developers to build decentralized applications. Miners produce Ether tokens that can be used as a currency and to pay for usage fees on the. KIRILL EREMENKO FOREX

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