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what blockchain technology

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  • what blockchain technology

    Wikipedia's digital backbone is analogous to the extremely protected and centralized databases that governments or banks or insurance firms keep these days. Management of centralized databases rests with their homeowners, as well as the management of updates, access and protective against cyber-threats.

    The distributed info created by block chain technology includes an essentially completely different digital backbone. This is often additionally the foremost distinct and vital feature of block chain technology.

    Wikipedia's 'master copy' is altered on a server and every one users see the cover version. Within the case of a block chain, each node within the network is returning to constant conclusion, every change the record severally, with the foremost fashionable record changing into the de-facto official record in function of there being a creation.

  • #2
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