Quick Start Guide to Understanding Blockchain
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Author name: Seth Ramsey
At its core, a blockchain is simply a database used for cataloguing information. What makes blockchain unique is that the database is distributed across a network of users and is maintained by records or “blocks” that any user can add to. Each new block contains information that links it to the most recent block in the chain.
Why does blockchain matter?
Blockchain is a revolutionary technology that was created for bitcoin, but has since found a wide variety of other applications from ecommerce and retail, to securing health care records, to maintaining all kinds of important databases. Chances are your life has already been impacted by a blockchain database. The influence of blockchain continue to grow exponentially in the coming years, leading some people to call it the greatest technological revolution since the internet!
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