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A blockchain is a decentralized ledger of all transactions across a peer-to-peer network. Cryptocurrencies are digital currencies or tokens like Bitcoin Ethereum or Litecoin that can be used to buy goods and services.
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Since blockchains are transparent every action in the ledger can be easily checked and viewed.
. Potential applications can include fund transfers settling trades voting and many other issues. Blockchain has a nearly endless amount of applications across almost every. Using this technology participants can confirm transactions without a need for a central clearing authority.
Just like a digital form of cash.
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