Day 66 of 365
March 7
T
Technology Blockchain Technology
Blockchain is a distributed ledger technology where records are stored across many computers in linked 'blocks.' Each block contains transactions and a cryptographic hash of the previous block, making the chain tamper-evident. Beyond cryptocurrency, blockchain enables smart contracts, supply chain tracking, and decentralized systems. The technology trades efficiency for security and decentralization, sparking debate about its appropriate applications.
Did you know?
Bitcoin's blockchain is over 400 gigabytes and contains every transaction since 2009 - a complete, public financial history!
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