Trumpet

@trumpet02

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Good night from india noida

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Day 2 let's rock🤘

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Key Features of Blockchain: 1. Decentralization: No central authority controls the data. Instead, it is managed by a network of participants. 2. Immutability: Once a block is added to the chain, its data cannot be altered without altering all subsequent blocks, which requires consensus from the majority of the network. 3. Transparency: Transactions are recorded on a public ledger, which can be viewed by all participants, depending on the type of blockchain (public or private). 4. Security: Blockchain uses cryptographic techniques to ensure the security and authenticity of the data.

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Key Features of Blockchain: 1. Decentralization: No central authority controls the data. Instead, it is managed by a network of participants. 2. Immutability: Once a block is added to the chain, its data cannot be altered without altering all subsequent blocks, which requires consensus from the majority of the network. 3. Transparency: Transactions are recorded on a public ledger, which can be viewed by all participants, depending on the type of blockchain (public or private). 4. Security: Blockchain uses cryptographic techniques to ensure the security and authenticity of the data.

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Good morning 🙏

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What is blockchain? Blockchain is a decentralized, distributed ledger technology that records transactions across a network of computers in a secure and immutable way. Each transaction is grouped into a "block," and these blocks are linked together in chronological order, forming a "chain"—hence the name blockchain.

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How cryptocurrency is work? 1. Blockchain Technology A blockchain is a digital ledger that records all transactions across a distributed network. Each "block" contains a list of transactions, and blocks are linked chronologically, forming a "chain." This ensures transparency and security. 2. Decentralization Cryptocurrencies like Bitcoin and Ethereum operate without a central authority (like a bank). Instead, a network of computers (nodes) validates and processes transactions, ensuring trust through consensus mechanisms. 3. Transactions When someone sends cryptocurrency: Sender’s Wallet: Initiates a transaction using a private key (a secure digital signature). Broadcast to Network: The transaction is broadcast to the network. Validation: Miners or validators confirm the transaction by solving complex cryptographic puzzles. 4. Mining/Validation Proof of Work (PoW): Miners compete to solve puzzles, adding the transaction to the blockchain and earning rewards (e.g., Bitcoin).

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Hello everyone good morning

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Day 3 let's go guys

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