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When you activate a seat the application contacts the central activation server and records the fact of the activation.
As well as the license number some codes are generated which identify the computer the seat is activated on. These codes are based, very indirectly via one way algorithms, on information about your computer but nothing about your computer can be reconstructed from them.
These finger prints are constructed so that they will not significantly change even if you change the hard drive and network card on your machine.
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