What are the problems with centralized financial systems

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Question 1-What are the roles of money? Desirable features?

Question 2-What are the problems with centralized financial systems?

Question 3-What are the potential advantages of decentralized ones?

Question 4-Why did Bitcoin precursors fail?

Question 5-What are the main properties of Hash functions?

Question 6-What is the structure of a block?

Question 7-What are the roles of the block components?

Question 8-What are the rules in the PoW verification game?

Reference no: EM133472093

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