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New economy movement crypto | Related Terms. This distribution method eliminates the myriad of problems associated with traditional mining, such as extreme price fluctuation on exchanges, deflation, massive energy use, and centralization. Dow 30 38, Other cryptocurrency networks, like Bitcoin, use a proof-of-work POW or proof-of-stake POS system, which requires a mining device to work for the blockchain. NEM is not just another peer-to-peer cryptocurrency in the lineage of Bitcoin. |
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