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This hash is known as the Merkle root or root hash. Learn the intricacies of blockchain technology and cryptographic protocols that underpin cryptocurrencies like Bitcoin, all while mastering the strategies to secure these decentralized systems. My read of the Coinbase founder's post up-thread was that they purchased the Bitcoins on the user's behalf at the time he entered the order, but a server failure prevented them from being transferred to the buyer's wallet. About us Press Contact us. This is exactly why auditing internal and external and settlement processes exist elsewhere.
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