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Some new cryptocurrencies, called stablecoinshave better potential to serve as mediums of exchange.
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Cryptocurrency is not the future | Filecoin FIL. There is a trade-off with how expensive it is to mine. Because these applications depend on the infrastructure of blockchains, transactions involving tokens come with an added fee settled in the native cryptocurrency of the blockchain in question. There is a wide range of consensus protocols being used by existing blockchain networks. The currencies can be used to buy goods and services although their acceptance is not widespread. In most cases, the cryptocurrencies were designed to improve upon the standards set by Bitcoin. |
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