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What is the blockchain and how does it work

What is the blockchain and how does it work

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Blockchain took these concepts and democratized them by removing the stored, the blockchain can act do not sell my personal.

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Blockchain Technology Simply Explained
Blockchain is a method of storing data in blocks that makes it difficult, if not impossible, to alter, hack or trick the system. Blockchain is the technology that digital currency, cryptocurrency and Bitcoin are built on. More specifically, it's the underlying technology that constructs a. In a blockchain, transactions are stored in blocks, with each newly generated block referring to the block before it with a unique identifying number called a �.

account_circle Nikozahn

calendar_month 14.01.2022

I join. And I have faced it. Let's discuss this question. Here or in PM.
account_circle Fenrill

calendar_month 16.01.2022

Willingly I accept. In my opinion, it is actual, I will take part in discussion. I know, that together we can come to a right answer.

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They are not decentralized systems because there is a clear hierarchy of control. Block time refers to the time taken to generate a new block in a blockchain. Instead, transactions are verified and recorded by a distributed network of computers that work together to maintain the integrity of the network.