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Showing posts with label Crypto coin development company. Show all posts
Showing posts with label Crypto coin development company. Show all posts

Tuesday, 12 December 2017

What is Blockchain Technology and Why is it Important?

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The concept of the blockchain is the basis in which Bitcoin is based. It is necessary to understand the blockchain concept to get a sense of what the cryptocurrencies are all about.

To put it simply, blockchain is a database distribution that stores every network transaction as a data-chunk called a "block." Each user has blockchain copies so when Alice sends 1 bitcoin to Mark, every person on the network knows it.

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Blockchain Technology

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