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bft meaning pepe unchain Bnb Eth XRP Bitcoin crypto futures coinbase futures
BFT, or Byzantine Fault Tolerance, is a consensus mechanism in blockchain and cryptocurrency that ensures system reliability despite malicious or faulty nodes. It's named after the Byzantine Generals Problem, which illustrates distributed systems' challenges. BFT allows networks to reach consensus asynchronously, making it practical for various applications. In contrast to fiat money and commodity money, cryptocurrencies leverage BFT to prevent double spends and ensure transactions' confirmations.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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