Transactions in the Bitcoin blockchain system are protected by a mathematical race which means any any scammer is competing against the whole network. New tools are being developed every day to improve blockchain security.
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Overall, the blockchain technology has the potential to revolutionize several industries, from advertising to energy distribution. Its main power lies in its decentralized nature and ability to eliminate the need for trust.
New use cases are arising all the time — like the possibility of creating a fully decentralized platform that runs smart contracts like Ethereum. But it’s important to remember that the technology is still in its only 13 years old as I write this.
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