What is Blockchain? Everything You Need to Know Explained
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Blockchain is a type of distributed ledger technology (DLT) that stores data across a network of computers in a way that makes it difficult or impossible to change, hack, or cheat the system.
It works by grouping data into “blocks” and linking these blocks together in a chronological “chain.” Once a block is filled with data, it’s sealed and added to the chain permanently. This structure ensures transparency, security, and immutability, which is why blockchain is widely used in areas that require trust without central control.
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How Blockchain Came Into Existence
The concept of blockchain came into existence in 2008 after Satoshi Nakamoto published the Bitcoin Whitepaper. A pseudonymous name of …
The post What is Blockchain? Everything You Need to Know Explained appeared first on Coin Edition.
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What is Blockchain? Everything You Need to Know Explained
Share:
Blockchain is a type of distributed ledger technology (DLT) that stores data across a network of computers in a way that makes it difficult or impossible to change, hack, or cheat the system.
It works by grouping data into “blocks” and linking these blocks together in a chronological “chain.” Once a block is filled with data, it’s sealed and added to the chain permanently. This structure ensures transparency, security, and immutability, which is why blockchain is widely used in areas that require trust without central control.
Table of contents
How Blockchain Came Into Existence
The concept of blockchain came into existence in 2008 after Satoshi Nakamoto published the Bitcoin Whitepaper. A pseudonymous name of …
The post What is Blockchain? Everything You Need to Know Explained appeared first on Coin Edition.
In This News
Coins
$ 68.86K
-2.15%$ 0.0848
-4.26%$ 0.00...361
$ 0.688
Share:
In This News
Coins
$ 68.86K
-2.15%$ 0.0848
-4.26%$ 0.00...361
$ 0.688
Share:
Read More
Bitcoin Bear Market Warning: aSOPR Metric Reveals Alarming Capitulation Phase as Holders Sell at Loss