Blockchain is a decentralized digital ledger technology that records transactions across multiple computers, ensuring security, transparency, and immutability. It powers cryptocurrencies like Bitcoin and Ethereum while supporting industries such as finance, healthcare, and supply chain management. Developers use blockchain consensus mechanisms, smart contracts, and layered scaling solutions for better efficiency. Blockchain-based applications, or dApps, leverage this innovation to create trustless ecosystems, eliminating intermediaries and enabling peer-to-peer transactions with full transparency.
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