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How do you get cryptocurrency? And while the value of cryptocurrencies like bitcoin, ethereum and ripple has been volatile over the past few years, these brands have maintained a steady following. How does a blockchain work? On the bitcoin network, miners who confirm new blocks of information are rewarded with 12.5 btc of new bitcoin. Let's imagine a very small cryptocurrency called smallcoin, with 3 nodes (x, y, z), each block can take up to 3 transactions maximum, and then add one block to the blockchain every.
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