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Blockchain Development Process

vishakha verma12903 Oct 2022 Others

A blockchain is a method of storing information in such a way that it is difficult or impossible to edit, hack, or trick the system. A blockchain is essentially a digital ledger of transactions that is copied and distributed across the blockchain's wide network of computer systems.

 

A blockchain is a distributed property that anybody can access. Once data is recorded on a blockchain, it cannot be modified. Hence, data is only recorded when the maximum number of participants agrees. The functioning of the blockchain is dependent on three components: data, hash, and previous block hash.

 

If you want to know more about Blockchain Technology

Read our full Blog-  How does BlockchainTechnology Work?

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