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Vidyarathna Bhat
Vidyarathna Bhat

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Demystifying the Blockchain

This is a submission for DEV Computer Science Challenge v24.06.12: One Byte Explainer.

Explainer

Blockchain is a decentralized ledger technology that records transactions across multiple computers. It's secure, transparent, and immutable, making it ideal for cryptocurrencies like Bitcoin. Each block contains a cryptographic hash of the previous block.

Additional Context

Blockchain ensures data integrity and security without a central authority. Its applications extend beyond cryptocurrencies to supply chain management, voting systems, and more, offering potential for innovation in various industries.

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