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Educational Byte: How Transparency Protects Crypto Users
This story was originally published on HackerNoon at: https://hackernoon.com/educational-byte-how-transparency-protects-crypto-users.
Discover how transparency shapes safer, more trustworthy crypto networks, and why it matters for every user.
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The anonymity associated with cryptocurrencies can make them appear secretive, but in reality, the industry is entirely transparent. Most cryptocurrencies are open source and public, meaning that anyone can check every single thing about them, from transactions to source code. This transparency results in an element of self-regulation (monitoring each other) and builds trust in the space.
Published on 3 hours ago