The blockchain technology is an innovative technology that serves as the backbone of Crypto coins. At its simplest, the blockchain can be explained as a multifaceted, digital record-keeping system that secures, verifies, and stores data on all Bitcoin transactions. The blockchain is not stored on any central server but is instead distributed through a decentralized, peer-to-peer system. Bitcoin’s blockchain is completely open and transparent, which helps ensure its security and protect users from fraud.
What is Blockchain ? Print
Modified on: Thu, 21 May, 2020 at 8:06 AM
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