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Blockchain technology is a decentralized and distributed ledger system that records transactions across many computers. It enables secure, transparent, and tamper-proof record-keeping without the need for a central authority. Each record, or "block," is linked to the previous one, forming a "chain" that is immutable. This makes blockchain ideal for applications requiring transparency, security, and trust, such as cryptocurrencies (like Bitcoin and Ethereum), supply chain management, digital identity verification, and smart contracts. 10 replies
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