Cryptocurrency is decentralized; there is no single center to collect or process data on its operations, everything is processed separately in various points which makes it impossible for state institutions (banks, courts, tax agencies and so on) to monitor data, interfere with transactions, trace participants, withdraw funds and perform other controlling and restricting functions. All funds are accessible only to direct parties of the transaction, via personalized keys. All information on all bitcoin transactions is open source, except for owner’s identity; to properly identify the owner one would need to gather a lot more additional information then is required to perform a bitcoin transaction. The uppermost level of total bitcoin emission is a point agreed upon and regulated by the development team of the network!
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