Breaking Down Blockchain: Decentralized, Transparent, And Secure

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One of the stumbling blocks for people who want to get involved in blockchain is getting their head around the concept to begin with. To put it in the simplest possible terms, blockchain is a digital ledger of transactions distributed across a network of computers, which means it is decentralized and transparent. Each block in the blockchain contains a number of transactions. With each new transaction, a record of that transaction is added to the ledger. That decentralized database – that blockchain – is also known as distributed ledger technology. You can picture it like a digital version of …

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