Bitcoin: an explanation Blockchain – Blockchain

Bitcoin: an explanation Blockchain – Blockchain


You may still have a question: But what is a blockchain? Blockchain technology is a decentralized public repository for all previously executed Bitcoin transactions. A certain number of Bitcoin transactions constitute one database unit, known as a "cluster," and each block stores information about the previous block. Additionally, each transaction stores information about its previous transaction. In this way, Blockchain technology allows full transparency in all Bitcoin currency transactions online
The blockchain technology infrastructure of Bitcoin has introduced a revolutionary way to store financial data that anyone can access, it is completely transparent to you, and is developed using an open source code, and does not belong to any person or entity. Instead, blockchain system maintenance is performed using the collective power of millions of computers that verify and confirm transactions, and then add them to the "block". Collectively verified transactions cannot be modified or deleted, so all Bitcoin operations are final and indisputable

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