What are the uses of public chain coins (what coins are there for public chain coins)?
According to Coindesk, public chain coins (such as Bitcoin and Ethereum) have v
According to Coindesk, public chain coins (such as Bitcoin and Ethereum) have various uses, including the ability to exchange for fiat currency.
Blockchain is a distributed ledger system that solves the problems of data storage, sharing, and transaction speed. Another important aspect is its network security mechanism. Through blockchain, anyone can transfer assets and make transactions anytime, anywhere. On a public blockchain, users can freely create digital currency or fiat currency accounts on multiple platforms to send and receive encrypted information without the need for third-party involvement.
What coins are there for public chain coins
Among the numerous public chain projects, what coins are there for public chain coins? They can be mainly divided into three categories: decentralized tokens, interchangeable tokens, and blockchain protocols. Ethereum, for example, belongs to a public blockchain. Ethereum is a blockchain based on sharding technology, which extends its performance through the use of shards and improves its efficiency through the utilization of smart contracts and cryptographic principles. Additionally, Bitcoin consists of two parts: a block size of 32MB (which can process around 16 transactions per second) and the other two blocks are stored in an irreversible state. Public chain coins represent the digital currency of distributed ledger technology.
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