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Omid Malekan and Lorenzo Valente debate blockchain rollbacks after $6B Binance hack

By John Chen

The debate underscores the tension between blockchain's immutability and the need for security measures, impacting trust and future governance. The post Omid Malekan and Lorenzo Valente debate blockchain rollbacks after $6B Binance hack appeared first on Crypto Briefing.

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Blockchain

A shared digital ledger in which records are grouped into blocks and linked so that past entries are very hard to change.

It underpins cryptocurrencies and is tested for payments, supply tracking and record keeping.

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Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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