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What Is On-Chain vs Off-Chain in Bitcoin? Key Differences Explained
In Bitcoin, on-chain and off-chain describe where a transaction or piece of data is recorded and enforced. On-chain means: Examples of on-chain activity: Off-chain means: ...
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What Are Bitcoin Fees, and Why Are They Stable on BSV but Variable on BTC?
Every Bitcoin transaction includes a fee paid to miners. The fee is the difference between the total inputs and the total outputs in the transaction. ...
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What Is a Seed Phrase in Bitcoin and How Do You Back It Up Safely?
A seed phrase (also called a recovery phrase or mnemonic) is a list of 12, 18, or 24 words that backs up your Bitcoin wallet. ...
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What Is a Bitcoin Node and What Does It Do?
A Bitcoin node is a computer that runs Bitcoin software and participates in the network by verifying and relaying data. Not every node mines, but ...
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