blockchain technology and how is it used in cryptocurrency

Blockchain is a decentralized digital ledger that records transactions in a secure and transparent manner.

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[{"selector":"#anim-1b832f31-091a-4184-ac1e-52d4879c29af [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-32.74910490725541%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] It uses cryptographic techniques to ensure the integrity and authenticity of the data stored on it. Arrow

[{"selector":"#anim-e97f027e-2f9b-498d-b108-993daf21e176 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-34.179687404002955%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Blockchain is used in cryptocurrency to create a decentralized system for recording and verifying transactions. Arrow

Each block in the blockchain contains a record of several transactions, and each block is linked to the previous one in a chain-like structure.

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[{"selector":"#anim-16c13c08-6e9c-422c-b10d-54b00e7a1c68 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Once a block is added to the blockchain, it cannot be altered or deleted, making the system highly secure and resistant to fraud. Arrow

[{"selector":"#anim-805db161-589f-4856-ba0b-2d08b6683055 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.285244247341844%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] The transactions recorded on the blockchain are verified and processed by a network of nodes that work together to maintain the integrity of the system. Arrow

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