đ What is Blockchain? (Explained Simple)
Blockchain is a special type of database that stores information in a secure, transparent, and unchangeable way.
Instead of data being controlled by one company, it is shared across thousands of computers.
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đ 1. It Cannot Be Changed
Once data is added, nobody can go back and edit or delete it.
This makes it trustable.
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đ„ 2. No Single Owner
Banks control their data themselves,
but Blockchain data is shared by many computers (nodes).
So no one can cheat.
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đŠ 3. Data is Stored in Blocks
Information is stored in small boxes called âBlocksâ.
Each block connects to the next one like a chain.
Thatâs why we call it BlockâChain.
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đ§ 4. It Solves Trust Problems
When you send money to someone internationally, you trust a bank.
With blockchain, you trust mathematics and code.
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đ 5. Why Itâs Important
Faster payments
Lower fees
Global access
More security
No middlemen
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đȘ 6. How Crypto Uses Blockchain
Bitcoin, Ethereum and other coins store their transactions on blockchain networks.
Nobody can fake or copy these transactions.
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đ§Ÿ 7. Popular Uses
Digital money (Crypto)
Smart Contracts
NFT ownership
Decentralized Apps (DApps)
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â Conclusion
Blockchain is a transparent, secure, and global method of storing data that cannot be changed.
It is the technology behind most cryptocurrencies.
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