What is blockchain technology-connecting the world to crypto
TECHBUDDY-Cryptocurrencies, bitcoins and either and much more these are the certain topics which are sometimes the matter of curiosity for most of us, but then when we start learning these, its found to be the most sophisticated one, that's way Techbuddy has taken this challenge to make our visitors more aware about this topic.
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INTRODUCTION
A blockchain is a digitized, decentralized, public ledger of all cryptocurrency transactions. Constantly growing as finished blocks (the most recent transactions) are recorded and added to it in chronological order, it allows market participants to keep track of digital currency transactions without central keeping record. Each computer that’s been connected with network gets a copy of the blockchain, which is downloaded automatically.
The most distinct and significant feature of the blockchain is the database created by the blockchain in the distributed manner has a fundamentally different backbone.
It allows, many people can write entries into a list of information, and a panel of users can control the access of information that is been amended and updated. Likewise, Wikipedia entries are not the product of a single publisher. No one person controls the information.