What is Blockchain?

Question

What is Blockchain?

Accepted Answer

Blockchain is a decentralized, distributed, and immutable digital ledger technology that securely records transactions across many computers, grouping them into cryptographically linked "blocks" to ensure transparency and tamper-resistance. This foundational technology enables the existence of cryptocurrencies, stablecoins, and decentralized finance (DeFi) applications by providing a single, verifiable source of truth for all network participants.

Blockchain

What is Blockchain?

How does blockchain technology work, and what are the key components that ensure its security and immutability?

What is the critical role of blockchain technology in the operation and growth of stablecoins and the global payments infrastructure?

How is blockchain driving the decentralized finance (DeFi) movement, and what are the primary benefits and risks of using DeFi protocols?

What are the essential components of the crypto infrastructure ecosystem, and how are next-generation blockchains addressing scalability and interoperability challenges?

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