Blockchain as Google Docs
A Distributed Database
Picture a spreadsheet that is duplicated thousands of times across a network of computers.
Then imagine that this network is designed to regularly update this spreadsheet and you have a basic understanding of the blockchain.
Information held on a blockchain exists as a shared and continually reconciled database.
This is a way of using the network that has obvious benefits.
The blockchain database isn’t stored in any single location, meaning the …
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