What are blockchains? Crypto Confident Ep 2

1 year ago
1

In the simplest sense, a blockchain is a public ledger––a record of transactions––where any participant can see all past transactions.

With blockchain, this ledger takes the form of a network run by computer nodes, sometimes called miners or validators.

Each node makes computational checks to ensure that every transaction taking place on the network is legit.

Blockchains are powerful because their networks are run by many computers owned by many people.

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