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kitkitkit
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August 05, 2018, 06:46:32 AM
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What is the simpliest explanation about blockchain?
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There are several different types of Bitcoin clients. Hybrid server-assisted clients like Electrum get a lot of their network information from centralized servers, but they also check the server's results using blockchain header data. This is perhaps somewhat more secure than either server-assisted clients or header-only clients.
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Srujan007
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August 05, 2018, 07:02:28 AM
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Blockchain is basically a network of computers called nodes which all have same history of transactions. So instead of one company or a database which holds all the information, now the information is spread across whole of the network. Whenever a transaction occurs, that is validated by everyone and is put ahead in that history of transactions in that network. And it's tamper proof.
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August 05, 2018, 07:26:03 AM
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Blockchain is basically a network of computers called nodes which all have same history of transactions. So instead of one company or a database which holds all the information, now the information is spread across whole of the network. Whenever a transaction occurs, that is validated by everyone and is put ahead in that history of transactions in that network. And it's tamper proof.

Therefor, all of the transactions made will be part of the blockchain?
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