Blockchain Definition
Blockchain
DEFINITION
Blockchain is a growing list of records and data called blocks, which are linked and secured using cryptography. Each block has a link to a previous block with a timestamp. Blockchain records transactions between two parties in a verifiable way, and enables the anonymous exchange of digital assets such as bitcoin. Digital database containing financial records that cannot be tampered with. The first blockchain was created to facilitate bitcoin's secure online transactions. Alternative blockchains, knows as altchains, are based on bitcoin technology.
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Terri J Lee S.
Arizona Member
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