⁣Bitcoin Network Power: This could encompass the overall strength, security, and decentralization of the Bitcoin network. The decentralized nature of the network, supported by nodes and miners distributed globally, contributes to its resilience and censorship resistance.

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Cryptocurrencies provide individuals with direct control over their funds. Users can manage their assets without relying on traditional banking systems. This financial empowerment is particularly significant in regions with unstable or restrictive financial environments.

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⁣Cryptocurrencies have gained global attention and influence. Discussions around the impact of digital currencies are happening on a worldwide scale, influencing regulatory decisions, financial policies, and technological innovation.

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⁣About NFT project CryptoKitties

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⁣Decentralized Finance (DeFi) protocols are blockchain-based financial applications that aim to replicate and innovate upon traditional financial services in a decentralized manner. These protocols typically run on smart contract platforms like Ethereum and utilize blockchain technology to enable various financial activities without the need for intermediaries such as banks or brokers. Here are some common types of DeFi protocols:

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⁣What is a crypto exchange?

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