BTC $69 226.00 ▼ 4.05% ETH $1 977.38 ▼ 0.36% USDT $0.9986 ▼ 0.02% BNB $677.39 ▼ 2.38% XRP $1.2600 ▼ 3.38% USDC $0.9997 ▲ 0.00% SOL $78.8200 ▼ 2.49% TRX $0.3409 ▼ 2.45% FIGR_HELOC $1.0420 ▲ 2.12% HYPE $72.8500 ▼ 1.30% BTC $69 226.00 ▼ 4.05% ETH $1 977.38 ▼ 0.36% USDT $0.9986 ▼ 0.02% BNB $677.39 ▼ 2.38% XRP $1.2600 ▼ 3.38% USDC $0.9997 ▲ 0.00% SOL $78.8200 ▼ 2.49% TRX $0.3409 ▼ 2.45% FIGR_HELOC $1.0420 ▲ 2.12% HYPE $72.8500 ▼ 1.30%
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Term

Blockchain

A distributed database of sequential blocks, secured by cryptography and stored across many independent nodes.

A blockchain is a chain of blocks containing data, where each new block holds a cryptographic reference (hash) to the previous one. This makes it practically impossible to alter a record after the fact: you would have to rewrite all subsequent blocks on the majority of network nodes.

Copies of the ledger are stored on thousands of computers around the world, so a blockchain has no single point of failure and no single owner. This is the technology that powers Bitcoin, Ethereum and most cryptocurrencies.

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