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All transactions are recorded on-line within a digital database named a blockchain that takes advantage of powerful 1-way encryption to make certain protection and proof of ownership.
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Blockchains are distinctive in that, at the time a transaction has become recorded and confirmed, it might?�t be altered. The ledger only permits 1-way facts modification.
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A blockchain is actually a dispersed community ledger ??or on line electronic databases ??which contains a history of all the transactions on the platform.