How Does Blockchain Work?

in #web3 • last year

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How Does Blockchain Work?

  • "Decentralization" → No single entity controls the data; it’s spread across multiple computers (nodes).

  • "Transparency" → Everyone in the network can see transactions, ensuring trust.

  • "Security" → Transactions are encrypted and verified by a consensus mechanism (like Proof of Work or Proof of Stake).

  • "Immutability" → Once data is recorded, it cannot be altered.

#blockchain #crypto
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