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What is Blockchain?



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Blockchain is a database that maintain the bitcoin transactions and solve the mathematical equation. Blockchains are secure by design. The first blockchain was conceptualized by Satoshi Nakamoto in 2008. A blockchain provide safe online transactions.

Blockchain decreases the expense which is part of verification, and by removing the need for trusted “third-parties” such as banks to complete transactions. Alternative blockchains, also known as altchains.

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