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How Does Blockchain Work?
How Does Blockchain Work?How Does Blockchain Work?How Does Blockchain Work?
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comment How Does Blockchain Work?How Does Blockchain Work?How Does Blockchain Work?
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4The name blockchain is hardly accidental: The digital ledger is often described as a “chain” that’s made up of individual “blocks” of data. As fresh data is periodically added to the network, a new “block” is created and attached to the “chain.” This involves all nodes updating their version of the blockchain ledger to be identical.
The digital ledger is often described as a “chain” that’s made up of individual “blocks” of data. As fresh data is periodically added to the network, a new “block” is created and attached to the “chain.” This involves all nodes updating their version of the blockchain ledger to be identical.
a new “block” is created and attached to the “chain.” This involves all nodes updating their version of the blockchain ledger to be identical.
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Web3 (also known as Web 3.0) is an idea for a new iteration of the World Wide Web which incorporates concepts such as decentralization, blockchain technologies, and token-based economics.