Questions tagged [synced]

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alexander_watson_astronaut alexander_watson_astronaut Wed Sep 11 2024 | 7 answers 1303

What happens when accounts are synced?

I'm curious to understand what exactly happens when accounts are synced in the realm of cryptocurrency and finance. Does it mean that all transactions, balances, and other information from one account are seamlessly mirrored to another? Are there any security measures in place to ensure that the synchronization process is secure and tamper-proof? Also, what are the potential benefits and drawbacks of syncing accounts in this context? Can you walk me through the process in a step-by-step manner, highlighting any key considerations or precautions that one should be aware of?

What happens when accounts are synced?

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