Blockchain technology
Hashing is fundamental to blockchain, where each block contains a hash of the previous block, creating a chain of blocks.
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What's in a Blockchain BLOCK?
Each blockchain block contains:
- Data: depends on the type of chain. Bitcoin stores the sender, receiver, and amount.
- Hash: a fingerprint that identifies the block. If the content changes the hash will not match and the interference will be dete...
Blockchain
Although most people think of blockchain technology in relation to cryptocurrencies such as Bitcoin, blockchain offers security that is useful in many other ways. In the simplest of terms, blockchain can be described as data you can only add to, not take away fr...
New coins are created during the process known as 'mining'.
As compensation for spending their computational resources, the miners ...
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