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While we say the words block and chain in this situation, we are discussing digital information (block) collected in a public database (chain).
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This network is essentially a chain of computers that must all approve an exchange before it can be verified and recorded.
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The blockchain is to bitcoin, what the internet is to google. The known characteristics of blockchain. With this technology, users can be guaranteed the integrity of data on the chain. Each block has a cryptographic hash that is managed by a cluster of computers. As new data comes in.
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Blockchain is a specific type of database.
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