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| Gnx crypto | Disadvantages Transactions are pseudonymous Pseudonymity allows for criminal uses Have become highly centralized Expensive to participate in a network and earn Off-chain security issues Prices are very volatile. Instead of taking several business days, transactions can occur within minutes, often at a fraction of the cost, when compared with using fiat currency. Advantages Removes single points of failure Easier to transfer funds between parties Removes third parties Can be used to generate returns Remittances are streamlined. The People's Bank of China. Tezos XTZ. Render RNDR. |
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