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Flashback: Hashing it Out #23: Avalanche – Emin Gün Sirer

The Bitcoin Podcast

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Bitcoin Vault

A bitcoin vault is a way of keeping or your coins secure while they are at rest. It's protected by two keys and can be used to withdraw money back into the system. If one key is lost, then it allows you to burn the entire stach. By burning the money, you ensure that someone cannot benefit from having broken into your phone.

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