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The Ethereum blockchain presently makes use of the exact same consensus system that is used by Bitcoin – evidence of labor. it's miners that are answerable for creating new blocks and so they get rewarded for his or her services in ETHs.
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There will only ever be 21 million coins in circulation, owing to a pre-decided inflation charge which is etched into your computer software. as well as, Bitcoin has not been hacked, which might make it probably the most secure Personal computer network on this planet.
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