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Another obstacle to Bitcoin's decentralization.
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| Crypto mining in iran | Looking forward, the future of Bitcoin's decentralization remains a topic of significant interest and speculation. For instance, until recently, China was home to the majority of the world's Bitcoin miners due to its cheap electricity and easy access to hardware. The concept of blockchain can be complex and confusing for those who are not familiar with its inner workings. A blockchain network uses cryptography to safeguard transactions and prevent illegal access to data. Users can also confirm the accuracy of data on the blockchain by using cryptographic hash functions. |
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