Blockchain explanation

blockchain explanation

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The Greatest Bitcoin Explanation of ALL TIME (in Under 10 Minutes)
A blockchain is a highly secure, reliable, and decentralized network that allows people to record transaction activity, store data, and exchange. Blockchain technology is a structure that stores transactional records, also known as the block, of the public in several databases, known as. A blockchain is a digital ledger or database where encrypted blocks of digital asset data are stored and chained together, forming a chronological single-source.
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  • blockchain explanation
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    calendar_month 24.06.2022
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Blockchain has the potential to eliminate the need for scanning documents and tracking down physical files in a local recording office. Any corruption in historical transactions will corrupt the entire ledger. What Is Blockchain? Popularized by its association with cryptocurrency and NFTs , blockchain technology has since evolved to become a management solution for all types of global industries.