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What are the most popular Qiki answers for understanding blockchain technology?

avatarLennianDec 26, 2021 · 3 years ago1 answers

Can you provide some popular Qiki answers that can help me understand blockchain technology?

What are the most popular Qiki answers for understanding blockchain technology?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    Blockchain is a revolutionary technology that underlies cryptocurrencies like Bitcoin. It is a distributed ledger that records all transactions across a network of computers. Each transaction is grouped into a block and added to the chain in a chronological order. This ensures transparency, security, and immutability of the data. Blockchain has the potential to transform various industries by eliminating intermediaries, reducing costs, and increasing efficiency.