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What is a cryptocurrency network?

Each cryptocurrency has its own payment network, within which the cryptocurrency can either be mined, meaning the creation of new units of the currency, or used for payments, i.e., transferring the currency from one address, created for this purpose, to another address.

Cryptocurrency networks are typically based on open-source code and you can join them by installing specific software. This software includes wallets designed for making payments and, if interested in mining cryptocurrencies, special mining programs.

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