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When a user sends bitcoins, the user designates each address and the amount of bitcoin being sent to that address in an output. To prevent double spending, each input must refer to a previous unspent output in the blockchain. 66 The use of multiple inputs corresponds to the use of multiple coins in a cash transaction. Since transactions can have multiple outputs, users can s.

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bitcoin payments can be made without personal information tied to the transaction. Bitcoin users can also protect their money with bitcoin buy best price backup and encryption. This offers strong protection against identity theft.



Posted: 04.10.2018, 06:58