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  • What Is Blockchain and How Does It Work?

    As explained by Wikipedia, “Blockchain was invented by Satoshi Nakamoto”—the pseudonym of an unknown person or persons—“in 2008 to serve as the public transaction ledger of the cryptocurrency bitcoin… [which] made it the first digital currency to solve the double-spending problem without the need of a trusted authority or central server.” What is blockchain? A blockchain is “a distributed database that maintains a continuously growing list of ordered records, called blocks.” These blocks “are linked…

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