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In today’s world, blockchain technology is getting a lot of attention. Using distributed ledgers is effective because of its capability to offer data security.

In today’s world, blockchain technology is getting a lot of attention. Using distributed ledgers is effective because of its capability to offer data security. oxJ53
In today’s world, blockchain technology is getting a lot of attention. Using distributed ledgers is effective because of its capability to offer data security. The underlying concept of blockchain technology is apparent following the proliferation of the finance sector. With the growth of IoT technologies, the need to protect online transactions is paramount. Crypto space facilitates the growth of other disciplines, such as augmented reality. The new pack of using blocks improves business operations. The use of digital currency offers safety and curbs the inclusion of a central authority. Therefore, the Crypto market is gaining interest, resulting in introducing Litecoin and Ethereum cryptocurrencies to improve online financial records. Cryptocurrencies techniques are crucial in strengthening the reliability of online transactions. Ethereum and Litecoin approaches are common in several ways. First, cryptocurrencies have technological novelty and decentralized, which differs from conventional transactions. However, the crypto parameters apply hash algorithms and digital signatures to improve the effectiveness of the distributed ledgers. The hash keys aid in promoting encryption measures to prevent unauthorized modification and access of the data. The techniques are also similar, since they are open-source applications (Casino et al. , 2019). Litecoin and Ether techniques vary in a plethora of ways. Ethereum applies to financial agreements because it works in a functional currency. Litecoin operates on executing simple transactions that do not require algorithmic calculations. Litecoin has a peer-to-peer technique contrary to Ethereum, which applies smart contracts (Leible et al. , 2019). Supply limits and block generation rates also distinguish the cryptocurrencies. The supply limit for Ether is higher, contrary to that of Litecoin. However, Ether has a reduced block generation rate comparing to that of Litecoin. Thus, crypto techniques are crucial in nurturing digital transactions. In conclusion, crypto technologies are crucial in facilitating the growth of online transactions. Using the distributed ledger is an ultimate solution to strengthening information safety. Cryptocurrencies widely use cryptographic keys and digital signatures to facilitate the authentication and verification process. Etherum and Litecoin approaches differ in their supply limits and block generation rates. Consequently, cryptographic methodologies are crucial in improving the security of digital records.
In
today
’s world, blockchain
technology
is getting
a lot of
attention. Using distributed ledgers is effective
because
of its capability to offer data security. The underlying concept of blockchain
technology
is apparent following the proliferation of the finance sector. With the growth of IoT
technologies
, the need to protect
online
transactions
is paramount. Crypto space facilitates the growth of other disciplines, such as augmented reality. The new pack of using
blocks
improves
business operations. The
use
of digital currency offers safety and curbs the inclusion of a central authority.
Therefore
, the Crypto market is gaining interest, resulting in introducing
Litecoin
and Ethereum cryptocurrencies to
improve
online
financial records.

Cryptocurrencies
techniques
are
crucial
in strengthening the reliability of
online
transactions
. Ethereum and
Litecoin
approaches are common in several ways.
First
, cryptocurrencies have technological novelty and decentralized, which differs from conventional
transactions
.
However
, the crypto parameters apply hash algorithms and digital signatures to
improve
the effectiveness of the distributed ledgers. The hash keys aid in promoting encryption measures to
prevent
unauthorized modification and access of the data. The
techniques
are
also
similar, since they are open-source applications (Casino et al.
,
2019).
Litecoin
and Ether
techniques
vary in a plethora of ways. Ethereum
applies to
financial agreements
because
it works in a functional currency.
Litecoin
operates on executing simple
transactions
that do not require algorithmic calculations.
Litecoin
has a peer-to-peer
technique
contrary to Ethereum, which applies smart contracts (
Leible
et al.
,
2019). Supply limits and
block
generation rates
also
distinguish the cryptocurrencies. The supply limit for Ether is higher, contrary to that of
Litecoin
.
However
, Ether has a
reduced
block
generation rate comparing to that of
Litecoin
.
Thus
, crypto
techniques
are
crucial
in nurturing digital transactions.

In conclusion
, crypto
technologies
are
crucial
in facilitating the growth of
online
transactions
. Using the distributed ledger is an ultimate solution to strengthening information safety. Cryptocurrencies
widely
use
cryptographic keys and digital signatures to facilitate the authentication and verification process.
Etherum
and
Litecoin
approaches differ in their supply limits and
block
generation rates.
Consequently
, cryptographic methodologies are
crucial
in improving the security of digital records.
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IELTS essay In today’s world, blockchain technology is getting a lot of attention. Using distributed ledgers is effective because of its capability to offer data security.

Essay
  American English
3 paragraphs
350 words
5.5
Overall Band Score
Coherence and Cohesion: 5.0
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    One main idea per paragraph
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Lexical Resource: 5.0
  • Try to vary your vocabulary using accurate synonyms
  • Use less common question specific words that accurately convey meaning
  • Check your work for spelling and word formation mistakes
Grammatical Range: 6.0
  • Use a variety of complex and simple sentences
  • Check your writing for errors
Task Achievement: 5.0
  • Answer all parts of the question
  • ?
    Present relevant ideas
  • Fully explain these ideas
  • Support ideas with relevant, specific examples
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