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Understanding the Basics of Blockchain: A Revolutionary Technology Blockchain technology is a revolutionary concept that has gained significant attention in recent years due to its potential to transform various industries. Blockchain is a distributed ledger technology that allows transactions to be recorded and verified in a secure and decentralized manner, eliminating the need for intermediaries. Here are some key facts about blockchain that you should know: What is Blockchain? Blockchain is a digital ledger that stores transactions in a secure and decentralized manner. Each block in the chain contains a set of transactions, and once a block is added to the chain, it cannot be altered or deleted. This creates a permanent and tamper-proof record of all transactions on the blockchain network. 1.Decentralized System : One of the key features of blockchain technology is its decentralized nature. Unlike traditional centralized systems, blockchain networks do not have a single point ...