What is.blockchain

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How does a blockchain work - Simply Explained
A blockchain is �a distributed database that maintains a continuously growing list of ordered records, called blocks.� These blocks �are linked using. A blockchain ledger consists of two types of records, individual transactions and blocks. The first block has a header and data that pertain to transactions. Blockchain is a secure database shared across a network of participants, where up-to-date information is available to all participants at.

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Archived PDF from the original on 15 May It is recorded as a data block and can include details like these: Who was involved in the transaction? Blockchain records are chronologically immutable, which means that all records are always ordered by time. Handbook of Digital Currency.