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Blockchain

What is Blockchain?

Blockchain is a decentralized digital system that records and verifies transactions securely without a central authority. No single person owns it. No single company controls it

What Does Blockchain Do?

Blockchain’s main jobs are:

Record Transactions

Stores transactions permanently

Prevents data from being altered or deleted

Secure Data

Uses cryptography to protect information

Makes hacking extremely difficult

Remove Middlemen

No banks, brokers, or third parties needed

Users transact directly with each other

Run Smart Contracts

Automatically executes agreements (like escrow wallets)

No human intervention required

Why Blockchains Are Safe

Strong Security (Cryptography)

Transactions are protected by advanced cryptography

Wallets require private keys to access funds

Extremely hard to alter or fake data