Blockchain Technology - The Basics of Blockchains and Bitcoin
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Blockchain Technology - The Basics of Blockchains and Bitcoin
Narrated by:
Virtual Voice
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Narrated by:
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Virtual Voice
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By:
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Melena Sril
This title uses virtual voice narration
Virtual voice is computer-generated narration for audiobooks.
A Blockchain is essentially a distributed database of records or public ledger of all transactions or digital events that have been executed and shared among participating parties. Each transaction in the public ledger is verified by the consensus of a majority of the participants in the system. And, once entered, information can never be erased.
The Blockchain contains a certain and verifiable record of every single transaction ever made. To use a basic analogy, it is easier to steal a cookie from a cookie jar, kept in a secluded place than stealing the cookie from a cookie jar kept in a marketplace, being observed by thousands of people.
#blockchain revolution #Basics of Blockchains #Blockchain Technology
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