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Virgin Bitcoin

A Bitcoin that has been received by a miner as a block reward, and thus has never been “spent” before. There is no benefit to a Bitcoin being a virgin…

Virtual Currency

A virtual currency is a digital representation of value, not issued by a central bank, credit institution or e-money institution which can be used as an alternative to money.

Virtual Machine

A Virtual Machine refers to a virtual computer, or one that can run an operating systems without an actual host machine. Decentralized networks can be used to harness the computing…

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