Blockchain is a decentralized, distributed ledger technology that enables the secure and transparent recording of transactions across a network of computers. This technology allows for the creation of a permanent and tamper-proof record of transactions, making it highly suited for various applications beyond just cryptocurrencies. ### Key Characteristics of Blockchain: 1. **Decentralization**: Unlike traditional databases that are controlled by a central authority, a blockchain is maintained by a network of nodes (computers) that participate in the network.
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