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Why would that make it more secure? Couldn't I simply make a lot of fraudelent transactions and append them, having a long chain, but a false one?



You could, but you'd be competing with everyone else that's also making transactions so you'd need an incredible amount of computational power to outstrip that.


And if you had that much hashing power, you'd be better off using it for mining. It's explained in more detail in the (surprisingly accessible) bitcoin whitepaper.




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