Whats the blockchain

whats the blockchain

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At its core, blockchain is a distributed digital ledger that stores data of any kind. A blockchain can record information about cryptocurrency. A blockchain is a digitally distributed, decentralized, public ledger that exists across a network. It is most noteworthy in its use with cryptocurrencies. Blockchain is a secure database shared across a network of participants, where up-to-date information is available to all participants at.
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There are a number of methods that can be used to demonstrate a sufficient level of computation. Namecoin is a cryptocurrency that supports the ". Step 3 � Link the blocks Once the participants have reached a consensus, transactions on the blockchain are written into blocks equivalent to the pages of a ledger book.