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Can blockchain be hacked?

The issue of security has been central to bitcoin since its development. On the one hand, bitcoin itself is very...

What is the example of blockchain?

A blockchain is a chain of blocks that contain information. The data that is stored within a block depends on the type of ...

Are blockchain and bitcoin the same?

Blockchain is the technology that allows the existence of cryptocurrencies (among other things). bitcoin is the name of...

Is Bitcoin a public or private blockchain?

Cryptocurrencies, such as bitcoin, litecoin, Ethereum, use public blockchains and receive the most attention. But they...

What does blockchain do for bitcoin?

Using a blockchain allows bitcoin to function as a decentralized system that does not require a neutral central entity to ...

What are the 3 components of blockchain?

Bitcoin couldn't exist if any of these components didn't exist. Another dominant addition among the key elements of the...

What kind of blockchain is bitcoin?

Unlike fiat currency, bitcoin is created, distributed, traded and stored with the use of a decentralized accounting...

Why is blockchain not secure?

All blockchain transactions are protected by cryptography. Each block essentially contains a unique, private key that can ...