Introduction to Blockchain: A Beginner's Guide

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Introduction to Blockchain: A Beginner's Guide
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This article provides a beginner-friendly introduction to blockchain technology, covering key concepts and its applications in various industries.

Welcome to the world of blockchain, an innovative technology that has gained attention in recent years because of its great potential. This article covers the basics of technology and is tailored for beginners who want to grasp key concepts. If you're advanced, opt for a more intricate read, such as my recent exploration of the Dencun update for Ethereum or a deep dive into asset tokenization. As someone who teaches about blockchain, I've gathered lots of helpful info.

This article breaks down the basics of blockchain, covers Bitcoin and Ethereum, explains tokens, and looks at how blockchain is used in different ways. What is blockchain? The word Blockchain consists of two parts — block and chain, which means “chain of blocks.” It represents a chain of blocks, where each subsequent block is cryptographically linked to the previous one. Each subsequent block has a link and relies on the previous block.

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