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Term
blockchain
Definition
A blockchain is a database of transactions, duplicated and shared on all computers in the network, ensuring data cannot be altered retroactively.
A sequence of block, each linking to its predecessor all the way to the genesis block by referencing the hash of the previous block. The integrity of the blockchain is crypto-economically secured using a proof-of-stake-based consensus mechanism.
More in style guideA sequence of block, each linking to its predecessor all the way to the genesis block by referencing the hash of the previous block. The integrity of the blockchain is crypto-economically secured using a proof-of-stake-based consensus mechanism.
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