Saturday, November 14, 2015

What is a blockchain in the bitcoin world


block chain or blockchain is a distributed database that maintains a continuously growing list of data records that are hardened against tampering and revision, even by operators of the data store's nodes. The most widely known application of a block chain is the public ledger of transactions forcryptocurrencies originally used in bitcoin.[1] This record is enforced cryptographically and hosted on machines working as data store's nodes.[2]

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