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RE: ... on the blockchain.

in #blockchain7 years ago

fraudless-blockchain.gif

A blockchain is a shared ledger that stores information about transactions in a distributed manner.

These transactions are performed between people within a blockchain, which is formed by its participants’ computers. These computers provide the computing power to constantly maintain the blockchain (by performing computations and verifying transactions).

Such computers are called nodes, and each node in the network owns a full copy of the blockchain.