Neglect the complicated jargon. Right here’s a plain English rationalization of the revolutionary tech behind Bitcoin and past.
Let’s be sincere: the phrase “blockchain” will get thrown round quite a bit, typically adopted by a complicated jumble of phrases like “decentralized ledgers,” “cryptographic hashes,” and “consensus mechanisms.” It’s sufficient to make anybody’s eyes glaze over. You recognize it’s vital, you already know it’s the engine behind Bitcoin, however what on earth is it, actually?
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