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Welcome to YourPOP, the Your Pursuit of Purpose podcast. This is a platform for underrepresented and underprivileged to speak on their successes, excellence, and overcoming adversity.
WHAT IS A BLOCKCHAIN?
A blockchain is a distributed database that is shared among the nodes of a computer network. As a database, a blockchain stores information electronically in digital format. Blockchains are best known for their crucial role in cryptocurrency systems, such as Bitcoin, for maintaining a secure and decentralized record of transactions. The innovation with a blockchain is that it guarantees the fidelity and security of a record of data and generates trust without the need for a trusted third party.
HOW DOES A BLOCKCHAIN WORK?
The goal of blockchain is to allow digital information to be recorded and distributed, but not edited. In this way, a blockchain is the foundation for immutable ledgers, or records of transactions that cannot be altered, deleted, or destroyed. This is why blockchains are also known as a distributed ledger technology (DLT).
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FRESH CRYPTO NEWS AND INFORMATION
- Why is Solana (SOL) price down today?by Cointelegraph by Marcel Pechman on October 9, 2024 at 11:17 pm
Solana price is down today, but does data support a medium-term target at $190?
- SEC, FBI, DOJ coordinate takedown of 4 fraudulent crypto firmsby Cointelegraph by Derek Andersen on October 9, 2024 at 9:53 pm
A complex set of overlapping companies, individuals and alleged crimes have been tackled by US federal authorities.
- a16z exec: Stablecoin regulatory clarity needed to avoid ‘FTX-level issue’by Cointelegraph by Tristan Greene on October 9, 2024 at 5:49 pm
Chris Dixon is bullish on stablecoins but says Europe is currently leading the United States in protecting consumers and investors.
- Price analysis 10/9: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIBby Cointelegraph by Rakesh Upadhyay on October 9, 2024 at 5:30 pm
Bitcoin’s failure to hold $62,000 may trigger another selloff and pull altcoin prices lower.