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Safety tokens are treated like traditional securities – monetary instruments like stocks and bonds – in a authorized sense. That isn’t the case with utility tokens. They aren’t viewed as an investment in the identical means as a result of they don’t meet certain requirements outlined by the Securities and Alternate Fee (SEC), a U.S. government company that goals to stop inventory market manipulation.
To verify nothing will get tampered with, each block shops the hash of the block earlier than it. That way, if there’s ever a discrepancy between the two places the hash is saved, you’ll know something’s gone incorrect (more accurately, your computer will know – you don’t have to manually test the chain your self).
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