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So let’s start with the definition of a blockchain in basic terms. But before we chain things together, let’s talk blocks. What Is A Block? A block is a record of new transactions.
How Blocks Are Added to a Blockchain, Explained Simply Blocks of information are linked on a virtual chain, creating a shared, unchangeable digital record of all transactions.
Fefe Demeny explains what a blockchain is, a digital ledger that has revolutionized the world of finance due to its decentralized model.
For anyone attempting to grasp the nature of Bitcoin, knowledge of the Genesis Block is key. It is not just part of history; ...