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| Blockchain may seem to many to be a chain of blocks blocked by Chain, but in fact it is somewhat like that. Blockchain is the transfer of various data from one place to another. Data and data is where the concept comes first, which is hash. Blockchain systems are being used in various sectors such as cryptocurrency, bitcoin, ethereum, supply chain management, healthcare, and many more. |
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Each block in the blockchain is cryptographically protected so that no one can easily change the information at will. Most blockchain network transactions are open, which ensures transparency.
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Blockchain basically creates a P2P network where the data of each block of the blockchain can be verified by anyone connected to the internet. This technology works through a multistep process. An authorization participant inputs a transaction, which must be authenticated by the technology. This process creates a block that represents specific transactions and data and the update is distributed across the network which finalizes the transaction.
Tnx you
Most of the time I always actually admire how will our world be without Blockchain
Very nice explanation about blockchain, thank you
https://x.com/MonjurulIslam39/status/1794961704562086096?t=LC_d0kq5IwJCweXMy2YseA&s=19
So nice of you explaining about blockchain and it's working, honestly some do not really understand the inner workings of blockchain so to speak and that's why I truly appreciate this article
Nice post presentation on what blockchain is and how it works. We all are aware about blockchain that's why I understood everything after reading your post.