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Register, make payment in seconds - and get your crypto just minutes later. Traditional stores of value include fiat currency, precious metals, and real estate, each with unique characteristics. Money in banks appears on a ledger, recording transactions such as deposits and withdrawals, and relies on the bank as a trusted third party. Transactions are verified by nodes running the software, added to blocks, and cryptographically linked, forming a blockchain. The Bitcoin network's decentralized nodes must reach consensus on transaction validity through a proof of work PoW mechanism.
