Explain blockchain

explain blockchain

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Public ledger: It is accessible. This decentralized digital ledger is.

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Blockchain In 1 Minute - What Is Blockchain - Blockchain Explained -How Blockchain Works-Simplilearn
A blockchain can record information about cryptocurrency transactions, NFT ownership or DeFi smart contracts. While any conventional database. A blockchain ledger consists of two types of records, individual transactions and blocks. The first block has a header and data that pertain to transactions. A blockchain is a digitally distributed, decentralized, public ledger that exists across a network. It is most noteworthy in its use with cryptocurrencies.
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  • explain blockchain
    account_circle Vudorr
    calendar_month 07.06.2020
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  • explain blockchain
    account_circle Akirisar
    calendar_month 08.06.2020
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They are authenticated by mass collaboration powered by collective self-interests. There are several different efforts to offer domain name services via the blockchain. Take the Next Step to Invest. The consortium members jointly manage the blockchain network and are responsible for validating transactions.