What is blockchain?

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What is blockchain?

🗂️ Blockchain is a database distributed among the nodes of a computer network. As a database, blockchain stores data electronically in a digital format. Blockchains are known for their important role in keeping a secure and decentralized record of transactions in cryptocurrency systems such as Bitcoin.

📌 What's new with blockchain is that it guarantees the reliability and security of the data record and ensures trust without the need for a trusted third party.

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