A blockchain can be a distributed community ledger ??or on-line electronic database ??that contains a record of the many transactions on a System.
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As an example, if you buy a copyright, the blockchain for that electronic asset will for good tell you about given that the proprietor Except if you initiate a promote transaction. No one can return and change that proof of possession.
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Some cryptocurrencies share a blockchain, when other cryptocurrencies work by themselves independent blockchains.
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Blockchains are unique in that, as soon as click here a transaction is recorded and verified, it may?�t be modified. The ledger only allows for a single-way knowledge modification.