DECENTRALIZED LEDGER: THE BASIS OF BLOCKCHAIN

Decentralized Ledger: The Basis of Blockchain

A decentralized ledger is fundamental to the functioning of blockchain technology. Unlike centralized ledgers maintained by a single institution, a decentralized ledger is replicated across a network of devices. Each node in the network possesses a complete version of the ledger, ensuring openness. This configuration makes it nigh on impossible to

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