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But even in this case costs would be decrease than in a bank. Because Bitcoin isn’t burdened by any regulatory authorities and operates inside a separate network, transactions are practically instantaneous. The delays can be only at the stage of accepting a transaction into “work”. This is a different operating function of internal “Bitcoin infrastructure”. To take place a new transaction, it is vital to build a new chain of blocks with the script , and persons who do this work are referred to as miners. Of course, they do this with the aid of computer systems, not themselves physically.
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