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Explain the principle of blockchain technology?



Explain the principle of blockchain technology?..

Answer / Saurabh Sinha

The fundamental principle of blockchain technology is a distributed database that maintains a continuously growing list of records, called blocks, which are linked and secured using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. This chain-like structure ensures the integrity and validity of each transaction by making it computationally expensive to alter past blocks.

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