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Results for "blockc7"

Blockc7

Definition: The word "blockchain" means a digital ledger that records transactions across many computers in a way that is tamper-evident, meaning it cannot be altered or erased without the owner's permission, much like how an old book remains undamaged after being burned. The term "blockchain" was coined by Satoshi Nakamoto in 2008 to describe this technology, which has since become one of the most significant inventions in history.


blockc7

Blockc70

Definition: The word "blockchain" refers to a decentralized, shared digital ledger or network of computers that stores and manages transactions and records all assets like financial statements and intellectual property. It's where information about transactions flows without intermediaries, creating an immutable record that anyone can verify. Blocks are created sequentially, representing the latest changes in data. The term "blockchain" is used to refer to a system that uses blockchain technology to secure data exchange and enable trustless transactions.


blockc70