Which digital currency is based on blockchain technology? 🔊
Bitcoin is the most well-known digital currency based on blockchain technology. It operates on a decentralized network, allowing peer-to-peer transactions without intermediaries. This design provides transparency and security, as all transactions are recorded on the public blockchain. Other digital currencies, such as Ethereum, also utilize blockchain technology, enabling smart contracts and decentralized applications. These innovations have created new financial systems and opportunities for users globally.
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