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Blockchain Fundamentals

Blockchain

A shared record of transactions, stored as a chain of blocks that each reference the one before. Because every participant holds a copy and changing history would mean rewriting every block after it, the record is very hard to alter after the fact. Blockchain is the technology; Bitcoin is one application of it.

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General education, not investment, legal or tax advice. Markets and regulation change quickly: where a definition depends on current law or on a recent event, check the latest coverage before relying on it.

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