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#Blockchain News




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The blockchain is a unique invention that was made by either a single person or group of programmers who are currently known as Satoshi Nakamoto. The product of the invention became the first and currently the most valuable cryptocurrency in the entire world. The basic utilization of the technology is the distribution of data without allowing to copy it through a special encrypted protocol that is stored on numerous personal computers. Although it was designed for the cryptocurrency utilization, the technology itself has got a wide application potential that can alter the state of the world network and make it totally different from what we know. It is a perfect means for creating well-protected databases as there is no single storage place for the data that can be one day hacked or contaminated with a virus. The data is split into pieces and is supported by millions of computers in the world, each of the person holding a fragment of an entire whole. The blockchain technology cannot be corrupted or bribed as the very algorithm of the invention denies the outer intrusion into the network. All the process is transparent and clear so that people could fearlessly utilize it. The blockchain news introduces the data about the major events and modifications which are occurring in the field of technology and how a person possibly benefit from this software of the future.

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Latest News

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