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A blockchain is a digital “record-keeping” system that stores transactions in a series of connected blocks. Instead of keeping the record on one central server, a blockchain can distribute copies of the record across a network of computers.
Once a transaction is added and confirmed under the network’s rules, it becomes highly difficult to change the records later. That’s because all the records on a blockchain are linked through “cryptographic methods”.
Note that blockchain technology is widely used to support cryptocurrencies such as Bitcoin, Ethereum, Solana, and more.
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