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Most cryptocurrencies someone else is still doing the payment, they're just selected in pseudorandom way that's waited by their ability to complete a proof of w
by swiley 8y ago
Most cryptocurrencies someone else is still doing the payment, they're just selected in pseudorandom way that's waited by their ability to complete a proof of work.
- penagwin 8y agoUnless you're using an exchange (admittedly most are) for your trading then it's still your machine telling the network it'd like to do a transaction - somebody is selected via proof of work to confirm it - and then you're on your way. Only you can start the transaction, and it can only be received by the one you addressed it to. The way credit/debit cards work is far different IMO.