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POOR PEOPLE Will Skip This Video - Crypto For Beginners | Raj Gokal Of Solana | TRS 465

The Ranveer Show

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Protocols and Decentralization in Cryptocurrency

This chapter explores the role of protocols in software development and internet communications, using analogies like email to illustrate their decentralized nature. It discusses cryptocurrency platforms, particularly Bitcoin and Ethereum, highlighting their evolution, governance, and applications beyond simple transactions. The analysis includes the dynamics of community decision-making, the transition from proof of work to proof of stake in Ethereum, and the implications of staking for asset ownership and governance.

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