What is.blockchain

what is.blockchain

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Blockchain In 1 Minute - What Is Blockchain - Blockchain Explained -How Blockchain Works-Simplilearn
A blockchain ledger consists of two types of records, individual transactions and blocks. The first block has a header and data that pertain to transactions. Blockchain overview. Blockchain defined: Blockchain is. A blockchain is a digitally distributed, decentralized, public ledger that exists across a network. It is most noteworthy in its use with cryptocurrencies.
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If they were to change their copy, they would have to convince the other nodes that their copy was the valid one. Further, uncertainty about regulatory or governance developments could keep consumers shy�for instance, if there is a lack of clarity on who will enforce smart contracts. For example, hybrid blockchains can grant public access to digital currency while keeping bank-owned currency private.