Definition: Cybercash, also known as Bitcoin Cash (BTC), is a digital currency with a focus on efficiency, privacy, and decentralization. It operates through an innovative blockchain technology using advanced cryptographic techniques. The value is determined by block rewards, which are distributed among nodes in the network based on the number of transactions they confirm. While not fully decentralized or controlled by central banks like traditional currencies, it has gained popularity for its potential to secure financial flows and prevent money laundering.
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