Digital transactions are exchanges of value conducted electronically, without the use of physical currency or traditional banking intermediaries. These exchanges are recorded and validated using digital ledgers or payment systems. They represent the transfer of ownership or rights to digital assets or services.
Context
The proliferation of digital transactions is a central theme in cryptocurrency news, underscoring the shift towards decentralized finance and asset management. Reports frequently detail the volume, speed, and cost of these transactions across various blockchain networks. Understanding the nuances of digital transaction processing is essential for grasping the operational efficiency and economic activity of the digital asset landscape.
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