🔥 Crypto Knowledge Series — Part 3: How Blockchain Works 🔗

Ever wondered how Bitcoin and other cryptocurrencies stay secure without banks or intermediaries? 🤔

The answer lies in the Blockchain — the digital backbone of crypto.

💡 What is Blockchain?

It’s a chain of digital blocks, where each block contains a list of verified transactions.

Once a block is filled, it’s linked to the previous one — forming a chain that can’t be changed or hacked easily.

⚙️ How It Works:

1️⃣ Transaction Created: You send or receive crypto.

2️⃣ Verification: A network of computers (nodes) confirms it’s valid.

3️⃣ Block Added: The verified data joins the chain permanently.

4️⃣ Transparency: Everyone can see it, but no one can alter it.

🛡️ Why It’s Powerful:

Impossible to fake or double-spend 💸

Fully transparent and secure 🔒

Removes need for a central authority 🏦

👉 In short, blockchain is trust built by technology — not by institutions.

#KnowledgeFi

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