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  2. VeChain Price Analysis: Is VET Coin in Bullish or Bearish Trend?
  3. NatWest (LSE: NWG) Share Value Assessment: Should you Invest?
  4. Arbitrum (ARB) Coin Prediction: Price consolidating for another fall?
  5. Enjin (ENJ) Token Price Prediction: Will Bulls Take the Price Up?
  6. MetaCourt DAO: Decentralized Judiciary For a Decentralized Web
  7. Can the US Protect The Role Of The Dollar Against Digital Money?
  8. Understanding the Significance of VoIP and How It Works
  9. SEC Crackdown on crypto: how It affects investors and the market?
  10. Becoming A Certified Metaverse Expert: Exploring Virtual Realms
  11. Solareum’s Proof-of-Generation Redefining Blockchain Consensus
  12. Pivot Point: A Tool for Price Analysis and Profitable Trades
  13. Deaton is Willing to Stake a Lot On SEC’s Appeal Failure in the Ripple Case
  14. Crypto Gaming: How Does it Revolutionize the Gaming Industry?
  15. Monero Price Analysis: Will It Fall Further in Upcoming Months?
  16. Margin Trading: Trading with Risks and Leverage of Cryptocurrency
  17. Why Cardano Decentralized Governance Offers a Promising Future
  18. How Will The Metaverse Perceive The Entry of Blockchain Games?
  19. What Is DAO? How Do They Differ From Traditional Organizations?
  20. IMMUTABLE RECOVERS, APECOIN’S DECLINES, AND WATCHVESTOR’S PROMISING PRESALE GAINS MOMENTUM
  21. EVERLODGE (ELDG)’S $250K DEBUT DRAWS GLANCES FROM VET AND SOL CIRCLES
  22. BEST TOKENS TO BUY TODAY FOR LONG-TERM GAINS – UNISWAP, PANCAKESWAP AND POMERDOGE
  23. Bitcoin, Ethereum, Solana, Cardano: Who Will Win the Race?
  24. TON RISES, RUNE INTRODUCES LENDING PROTOCOL, EVERLODGE REKINDLES INTEREST IN TIMESHARES
  25. CAN VECHAIN AND FILECOIN PULL A REVERSAL? WATCHVESTOR’S PRESALE DRAWS MORE INVESTORS
  26. MONERO AND FILECOIN ATTEMPT PRICE RECOVERY, BUT BUYERS TURN TO POMERDOGE FOR BULLISH GAINS
  27. SOLANA’S HELIUM LAUNCHES NEW MOBILE PHONE PLAN, COSMOS GETS INTERCHAIN PORTAL, WATCHVESTOR TO LAUNCH PLATFORM FOR LUXURY WATCHES
  28. APECOIN AND FLOKI INU ARE BEARISH, WHILE EVERLODGE CONTINUES METEORIC RISE
  29. FILECOIN AND CHILIZ GETS OFF TO A DEVELOPMENT TRACK AS POMERDOGE MAKES MARKET FAVORABLE
  30. A Guide to Understanding the Concept of Cryptocurrency Airdrops
  31. Hidden Gems Under $1 Ready To Skyrocket: Chiliz, Stacks, And Pomerdoge
  32. XRHealth Virtual Reality Changing Mental Health Therapy
  33. What is WOOFi Swap: A DEX bridging CeFi liquidity to DeFi
  34. How the Loopring Protocol Keep Alive in Spirit of Decentralisation?
  35.  Everscale, The Network to Boast Its Infinite Scalability
  36. Harmony ONE Explained — Could it be the Next Ethereum Killer?
  37.  What Is The Merge And Why It’s Important For Crypto Community
  38. Understanding Crypto Wallets: The Key Elements and Types Explained
  39. HandCash: The Most Simplified WEB 3 Payment Ecosystem
  40. ELON MUSK MAKES ANOTHER DOGECOIN X POST, XRP, AND EVERLODGE: THE NEXT CRYPTOS TO SKYROCKET?
  41. INSIDERS ARE ACCUMULATING SUI, OPTIMISM, AND EVERLODGE, BUT WHICH ALTCOIN CAN PROVIDE THE MOST VALUE?
  42. SOLANA’S WALLET USAGE SKYROCKETS: IS EVERLODGE’S BUSINESS MODEL THE FUTURE OF LUXURY HOME OWNERSHIP?
  43. BEST GAMING AND METAVERSE TOKENS FOR 2023: THE SANDBOX, DECENTRALAND, POMERDOGE
  44. THE TOP 3 CRYPTOCURRENCIES TO BUY FOR SHORT-TERM GAINS: UNISWAP, PANCAKESWAP, AND POMERDOGE
  45. Impermanent Loss: What Does It Mean For Liquidity Providers?
  46. Blockchain Gaming: What Potential Does It Hold For the Future
  47. The Ultimate Guide to Cryptocurrency Exchange Development
  48. Meet Analisa Torres, Whose Decision Changed Ripple Forever
  49. Procter & Gamble Stock Price: It is going to break the trend line.
  50. ApeCoin Price Prediction: Will APE achieve the 3-pointer?
  51. Will IOTA Price See A Reversal In Trend In Near Future?
  52. MatchDiary (MDR) Price Prediction 2023, 2024, 2025–2030
  53. SNX Price Prediction for 2022: Will Synthetix Surge 2X?
  54. A GLIMPSE INTO THE FUTURE: HEDERA, BITCOIN SPARK, AND THE EVOLUTION OF CRYPTOCURRENCIES
  55. (FTM) Fantom Price Prediction 2023: Will it Consolidate Further?
  56. Crypto Wallet: How Crypto Wallet’s Tracking Helps?
  57. ANALYSTS RATE APTOS AND BITCOIN SPARK AS GAME-CHANGERS CRYPTO INVESTMENTS
  58. BlackRock Filing Bitcoin ETF: What Are The Potential Impacts?
  59. Bitcoin Spark: The Evolution of Cryptocurrency Beyond Dogecoin Mania
  60. (CBDCs) Central Bank Digital Currency – the Future of Currencies
  61. Flutter Entertainment Stock: Post-Distribution Phase Outlook
  62. Solana learns transaction speed isn’t everything, this new project has a working background product
  63. Solana and Bitcoin Spark: Pioneers in Advanced Blockchain Technology
  64. Bitcoin Spark Builds a Product into their Wallet, While Dogecoin Wallet has Zero Utility
  65. Shocking Predictions: How Bitcoin Spark and XRP Will Revolutionize the Financial World
  66. Genedrive stock price prediction: GDR share near its all time
  67. Ways In Which Protocol is Solving the Scalability Issues
  68. AI and Metaverse: Reinventing the Modern Marketing Policies
  69. Analysts Disappointed by XRP Price Trajectory After Court Win, but BTCS Could Potentially Bring 800% Profits
  70. Find out how to get listed on Exchange. Art NFT Marketplace?
  71. Green Blockchain Technology Environmentally Sustainable Web3
  72. THE MAIN REASON XRP AND SOLANA WILL UNDERPERFORM BITCOIN SPARK IN 2023
  73. Bitcoin Spark Holders Set To Outperform Dogecoin And Solana By 800%, Bitcoin Analyst Reports
  74. Moderna Inc. Q2 Report of MRNA Stock Outperformed Estimates. 
  75. IS CARDANO A GOOD INVESTMENT, OR WILL THIS NEW PROJECT VASTLY OUTPERFORM?
  76. SOLANA WALLETS CAN’T COMPARE TO BITCOIN SPARK OFFERING
  77. WHAT’S NEXT FOR XRP AND WHY BITCOIN SPARK COULD PROVIDE A GLIMPSE INTO THE FUTURE
  78. THIS LOW CAP CRYPTO WILL OUTPERFORM SHIBA INU AND DOGECOIN
  79. ECONOMISTS PREDICT A SIMILAR TRAJECTORY FOR BTCS AS FANTOM HAD DURING THE LAST BULL RUN
  80. Amazon Stock: AMZN Price is up from May, what’s happening?
  81. THE BEAR MARKET HAS FINISHED AND BITCOIN SPARK IS LIKE BUYING BITCOIN AT $1
  82. Best Crypto Casino Malaysia 2023 | Online Casino Review
  83. PRICE OF BITCOIN IS ‘ALREADY AT THE MOON’ VERSUS STRONG ALTERNATIVES LIKE BITCOIN SPARK
  84. FINDING THE NICHE FOR MASS ACCESSIBILITY MEANS BITCOIN SPARK WILL GAIN A GREATER COMMUNITY THAN ETHEREUM
  85. Whales Are Accumulating Arbitrum (ARB) And Avorak (AVRK)
  86. IT’S MORE PROFITABLE TO TRADE THAN LEARN HOW TO STAKE ETHEREUM
  87. Novavax Inc. (NVAX stock): Q2 Earnings Might Fuel Up Momentum
  88. LEARN WHY CHINESE INVESTORS ARE GRAVITATING TO BITCOIN SPARK AND XRP
  89. ADMIT TERRA LUNA CLASSIC IS DEAD AND MOVE TO THE NEXT BIG BITCOIN ALTERNATIVE
  90. General Electric Price Prediction: Is GE Buying Right Now?
  91. CCL Stock Price Prediction: Will There Be a Rise in Ccl?
  92. USING AVORAK MEANS YOU DON’T NEED TO KNOW WHERE TO BUY XRP
  93. Mina Price Analysis for August 2023: A successful breakdown?
  94. CARDANO PRICE STILL INFLATED VERSUS NETWORK ACTIVITY, BITCOIN SPARK MAKES NETWORK A MULTI-USE PRODUCT
  95. BITCOIN SPARK’S “MINING FOR ALL” ECOSYSTEM TO RIVAL SOLANA AND SHIBA INU
  96. Bspin: A Trailblazer in the World of Crypto Gambling for Punters
  97. MARK CUBAN DEFENDS POLYGON AND OTHER CRYPTOCURRENCIES AGAINST SEC – BITCOIN SPARK NOT AFFECTED
  98. BITCOIN SKYROCKET 48M PERCENT IN A DECADE, IMAGINE BUYING BITCOIN SPARK AT ONE DOLLAR
  99. Bitcoin SV Price Prediction: Will the Price Breakdown For BSV?
  100. Berkshire Hathaway Stock Price: BRK.B Make All-Time High?
  101. CHAINLINK PRICE PREDICTION: IS $10 PRICE TARGET REALISTIC IN 2023? STELLAR AND POMERDOGE EYEING $1 TARGET
  102. APECOIN AND DOGECOIN FAIL TO IMPRESS: VC SPECTRA REIGNS SUPREME
  103. WAXP Price Analysis: Reversed from All-Time Low what next?
  104. CRYPTO INVESTORS COOL ON BITCOIN AND ARBITRUM FUNDS, VC SPECTRA PRESALE SUCCESS ATTRACTS THE ENTIRE CRYPTO WORLD
  105. IOTA Coin Price Forecast: will MIOTA crypto hit $0.50 in 2023?
  106. ARE PLAY TO EARN GAMES THE FUTURE? AXIE INFINITY AND POMERDOGE LEADING THE MARKET
  107. PROLOGIS INC. Price Forecast: Will PLD Stock hit $150 in 2023?
  108. COMPOUND AND LITECOIN INVESTORS FIND VC SPECTRA MUCH MORE PROFITABLE AS PRICE PUMPS
  109. Quant Coin Price Prediction: Will QNT hit the $200?
  110. PRICE PREDICTION: KAVA, SUI, AND POMERDOGE
  111. MONERO PRICE DOWNTREND: AN UPTICK IN VC SPECTRA AND HEDERA SPARKS INVESTOR INTEREST
  112. POMERDOGE: THE MEMECOIN THAT’S GOT EVERYONE TALKING, UNISWAP AND BINANCE UNDER SELLING PRESSURE
  113. POMERDOGE IS PREDICTED TO BECOME THE TOP CRYPTO IN 2023 OVER THE LIKES OF SOLANA AND BINANCE COIN
  114. Ravencoin Technical Analysis: Will RVN Reach $1 in 2023?
  115. FANTOM TRADERS ARE LEFT DISAPPOINTED – MANY ARE CHOOSING AAVE AND VC SPECTRA TO RECOVER THEIR LOSSES
  116. WOO NETWORK AND SHIBA INU LOSE VALUE WHILE VC SPECTRA REACHES ANOTHER IMPORTANT MILESTONE
  117. Tesla Stock Price Analysis: Will TSLA Break the $312 Level? 
  118. MOBILECOIN LOSES 18% THIS YEAR – INVESTORS HAVE HAD ENOUGH AND ARE LEAVING FOR VC SPECTRA
  119. LITECOIN PRICE PREDICTION – AAVE PRICE CONSOLIDATES AS TRADECURVE SETS MARKET ON BULLISH PATH
  120. Cartesi Technical Analysis: Unveiling Cartesi (CTSI) Price Patterns
  121. Cardano Uses Proof-of-Stake Consensus, What are its benefits
  122. MANY BITCOIN CASH INVESTORS ARE TRANSITIONING TO VC SPECTRA AND POLYGON – HERE’S WHY
  123. AMC Entertainment Holdings Inc: Will AMC Stock Price Hit High
  124. 5 Crypto Projects That Grabbed Everyone’s Attention in 2023
  125. Bitcoin Cash Price Prediction: BCH Spiked 260% In Two Weeks
  126. LIDO DAO AND APTOS PRICE DIP, HOLDERS PUT 100X TRADECURVE ON THEIR RADAR
  127. BitDAO Price Prediction: Can BIT Token Surge to $0.7 Soon?
  128. Cronos Coin Investors Alert:  Is This a Rally or Trap?
  129. Rising Crypto Gems With Remarkable Growth Potential: Synthetix, VC Spectra, Stellar
  130. Traders Are Moving Away From Axie Infinity and Decentraland Due to Volatility, Traditional Exchanges Worried About Tradecurve Dominance
  131. Are algorithmic stablecoin safe? What are the risks with them. 
  132. Cartesi Price Prediction: Will CTSI Price Support the Trend?
  133. DECENTRALAND, THE SANDBOX STATIC AS METAVERSE INTEREST WANES, TRADECURVE PASSES 100% GROWTH
  134.  BAT Price Analysis: Analysing Basic Attention Token Price Patterns
  135. Blockchain in supply chain market analysis till 2030
  136. WILL COSMOS GET ON A BULLISH RUN? APECOIN SHOWS MOMENTUM, VC SPECTRA TAKES THE LEAD
  137. FILECOIN, TMS NETWORK, AND THE GRAPH JUST SHOT INTO THE SKY. WHERE TO NEXT?
  138. NFT v/s Cryptos what makes them different?
  139. Is Wasabi Wallet suitable for multi-digital asset traders 
  140. CHATGPT’S TOP COIN PICKS FOR 2023: MONERO, CHAINLINK, AND TRADECURVE
  141. VC SPECTRA TEARS THROUGH ARBITRUM, AND MONERO IN 2023
  142. Algorand Price Prediction: Tradecurve Outperforms The Market, How High Can It Go?
  143. Rocket Pool: A Network that Provides Access with Fewer Coins 
  144. Defi: The Top Five Projects that Will be Beneficial to Focus on 
  145. 3 TOKENS TO FOR HUGE GAINS IN 2023 – PANCAKESWAP, UNISWAP, TRADECURVE
  146. The Blockchain Universities: The Educationist of the Blockchain.  
  147. Sui Price Prediction: Analysts Predicts A New Rival Token, GLTM Will Deliver 70x Better Gains
  148. PRICE OF BITCOIN CONTINUES TO RISE AS AVORAK AI ALGOS FIRE AT FULL CAPACITY
  149. AI Image Generation on a Rise and Craiyon’s Contribution to Art 
  150. Apecoin and Rocket Pool Mark Significant Downturn – Golteum Proves As More Sustainable Option
  151. BitDao and Tradecurve are up 40% on the charts. Is the 1$ price target next ?
  152. GTA 6 and Farcana Entering the Space of AI and Blockchain
  153. ANALYSTS PICK STEPN, BITDAO, AND TRADECURVE FOR THE BIGGEST GAINS IN 2023
  154. Is Yearn Finance More Profitable Than Tradecurve? What Does Google Bard Think?
  155. XRP NEWS DRIVES NARRATIVE OF INCOMING AI CRYPTO PAYMENT CUSTODIANS SUCH AS AVORAK AI
  156. GOLTEUM AND COSMOS: UNVEILING DEFI POTENTIAL AND INTERCONNECTED BLOCKCHAINS
  157. Bitcoin Falters and a Wave Against Banking Sentiments 
  158. Golteum and Aave: Two Crypto Projects With High Yield Potential in 2023
  159. Tradecurve Disruptive Technology: How it Rivals Fantom for DeFi Dominance
  160. GOLTEUM: REVOLUTIONIZING THE DIGITAL CURRENCY LANDSCAPE
  161. GOLTEUM AND FILECOIN- AN IN-DEPTH COMPARISON
  162. Fantom and STEPN: Overcoming Local Resistances and Streamlining Trades with Avorak AI
  163. SHIBA INU WAS YESTERDAY; THIS NEXT-GEN AI CRYPTO PROTOCOL HAS THE POTENTIAL TO 25X YOUR PORTFOLIO
  164. FANTOM PRICE PREDICTION: TRADECURVE STAGE 4 SETTING RECORD PACE AS DEMAND EXPLODES
  165. KEY SIMILARITIES BETWEEN BITCOIN AND GOLTEUM THAT COULD MAKE GOLTEUM THE NEXT BIG CRYPTO
  166. COMPARING MULTI-ASSET WEB3 PLATFORMS POLKADOT, OKB, AND GOLTEUM
  167. EXPLORING THE POTENTIAL OF GOLTEUM AND WHY IT WILL OUTPERFORM ALGORAND AND AAVE
  168. APECOIN, BITCOIN CASH, AND GOLTEUM: AN INSIGHT INTO TRENDING CRYPTOCURRENCIES
  169. Tezos price performance lacking, Tradecurve sets market-leading price action
  170. 3 PROMISING CRYPTO TOKENS POISED FOR EXPLOSIVE GROWTH IN THE SECOND HALF OF 2023
  171. Experts Say The Bull Run Is Upon Us As Golteum And Bitcoin Cash Rally
  172. Tradecurve Price To Increase 40%, Helium price uncertain
  173. Golteum Massive Presale Benefits Showcase Superiority over Algorand and Aptos.
  174. Three Coins To Watch For Uptrend:  Cardano, Tron and Golteum
  175. BEYOND DOGECOIN AND AVALANCHE, TRADECURVE EMERGES
  176. IMF JOINS PRO-CRYPTO CAMP AMID BLACKROCK BITCOIN ETF – HOW WILL THIS IMPACT AVORAK AI’S ICO?
  177. CBDCs Cannot Replace Bitcoin or Utility Tokens Like AVRK, says Avorak Team
  178. CARDANO HAS A BIG FLAW NO ONE IS TALKING ABOUT, INVESTORS WILL TURN TO NEW ICOS
  179. DeFi like Anchor and Aave are catching a bid, Avorak Trade knows why
  180. SPARKLO INNOVATIONS BRING HOPE TO CRYPTO OVER MONERO
  181. Introducing Avorak AI: The Game-Changing Titan in the AI Crypto Kingdom
  182. Bitcoin and Avorak AI can only profit from TradFi joining the crypto markets
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  189. DECODING THE ECONOMIC IMPACT OF CARDANO AND AVORAK AI ADOPTION
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  191. Can Google Bard Predict Solana’s Next Move? This New Altcoin Has All The Analysts Buzzing
  192. Gemini Co-Founder Says the Dawn of Major Bitcoin Accumulation is Here; Experts Too Recommend Gathering Sparklo
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  196. Solana faces risks of further decline; Tradecurve is 20% up on the weekly chart
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  205. LEARN WHAT COULD MAKE AVORAK AI AND POLYGON (MATIC) BECOME BEST BUYS OF 2023
  206. SPARKLO CONTINUES PRESALE BOOM AS MONERO AND LITECOIN PRICES RISE 2%
  207. BITCOIN’S NEXT PRICE TARGET IS 35K, STELLAR AND TRADECURVE TARGETING $1
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  209. VanEck Ethereum Price Prediction is as bullish as the newest Crypto ICO Avorak AI
  210. Avorak AI: Simplifying Bitcoin Trading for the Masses
  211. Experts update their ETH price predictions, Bullish on Tradecurve
  212. Shiba Inu slipping off top 20 list Tradecurve to take its place?
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  214. Shiba Inu fades into the background as real utility tokens like Avorak take center stage
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  216. Sparklo (SPRK) Could Outperform Established Aptos and ZCash
  217. Avorak AI Brings New Life To ICO Investment Opportunities
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  219. AFTER COINBASE AND BINANCE LAWSUITS, IS CRYPTO.COM NEXT? AI ANALYTICS PROVIDES KEY CLUES
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  222. Learn Why Solana, Avorak AI and Cardano Could Skyrocket In 2023
  223. THIS AI CRYPTO PRESALE WILL BE THE TALE OF MILLIONAIRES IN 2023
  224. Avorak AI Leads the Way for AI Development on Binance Smart Chain
  225. Market Crash presents lifetime opportunity to invest in Ethereum, Shiba Inu and Avorak AI
  226. Investments in Bitcoin, Ethereum and Avorak AI safest bet during times of crisis
  227. Google Bard and Microsoft AI price analysis for Shiba Inu, Tradecurve and Polygon
  228. Learn in real-time if Bitcoin can hold the $25,000 under regulatory pressure with this AI Crypto Gem
  229. Understanding why Ethereum is going down is key to making money in bear market, says Avorak
  230. Solana becomes a bargain after SEC fear, Avorak can profit from this movement
  231. Twin Peaks Digital Offers Venture Capital To New Crypto Projects
  232. Shiba Inu and Dogecoin Could Fall Short To AI Crypto
  233. Forming Partnership With Solana Could Be The Key To Explosive Growth For Avorak AI
  234. Investors consider Avorak AI ICO safe haven for solid returns after Robinhood delists Cardano
  235. Cardano Stays Strong, SUI Faces Dip, as Sparklo Close to $2 Million in Presale
  236. INTERNET COMPUTER AND TRADECURVE INDICATING BULLISH PRICE PATTERNS, CARDANO PRICE DEEP IN THE RED
  237. Polkadot Partners with Moonbeam and Hydra DX for Pioneering Cross-Chain Integration, as Sparklo Ascends with Growing Adoption
  238. Sparklo Reputation Rises as Cosmos And Arbitrum Struggles in the Bear Market
  239. Twin Peaks Digital: The Digital Marketing Agency Revolutionizing the Crypto Industry
  240. Sparklo Surges Amid Bearish Trends for VeChain and Optimism
  241. Republican crypto bill may see US shake-up, DeFi and AIFi may not need to register as securities
  242. Deutsche Telekom becomes Polygon validator, with Avorak mining potentially on the cards
  243. As Tron Leaps 10% with Ethereum Integration, Sparklo Sees User Numbers Skyrocket
  244. Encryption of correspondence, cannot be prohibited?
  245. Why blockchain is called the second internet, and what is it all about.
  246. Internet of things in our lives: the future is near.
  247. Cloudy network.
  248. Explaining normally: 10 myths about bitcoin.
  249. Out of sight: anonymous computer networks.

With blockchain like a car, you don’t have to understand the intricacies of the device to use it. The main thing is to understand how it can be useful, and for this basic knowledge is enough. Let’s figure out what blockchain is and why it is needed at all.

Why blockchain is compared to the Internet

The Internet is a decentralized network, that is, there is no place from where it can be completely “turned off” and from where it can be controlled. It is convenient to exchange information on the Internet – send messages, music, pictures, presentations, and so on. But you need to understand that when transmitting information on the network, you send only a copy of it every time. When you send a funny picture to a friend, you do not lose it, the original remains with you. If this were the case, for example, with money, then they would quickly lose value. You could “send” 100 rubles to your friend, but they would still remain in your account. There is very little sense from such money.

Therefore, when it comes to the exchange of value on the Internet, intermediaries are often involved. For example, an online bank that guarantees that if you transfer money to someone, it will be debited from your wallet. For this, you pay a commission to the intermediary, trust control over your account and, in general, over the exchange rules. At the same time, the intermediary is often centralized and “attached” to a specific state that regulates its activities.

Blockchain helps to get rid of middlemen and exchange value on the Web directly. For this it is called the “Internet of values” or simply the new Internet.

What is blockchain in general and what else can it give

“The blockchain is an immutable digital ledger of economic transactions that can be programmed to record transactions with almost any value,” – this is the definition of technology given by the authors of the book “The Blockchain Revolution”, Don and Alex Topscott.

The blockchain is decentralized – it is not supported by the intermediary’s servers, but by the clients of the entire network. There is no chief administrator or regulator here. Anonymity is not required to conduct transactions. All network participants have access to all records in the blockchain. The blockchain is almost impossible to hack, and everything written into it will remain unchanged.

But you need to understand that here, as elsewhere, there are nuances. There are different blockchains. Sometimes, in order to get the right to support the network, you still need to go through verification or even registration, which stands out from the original concept of openness and decentralization. To maintain your anonymity, you need to avoid associating your offline identity with “you” on the blockchain network. If more than half of the blockchain network capacity is in the hands of an attacker, then it can be hacked. But it will be very expensive, and most importantly – in front of everyone, because the entire history of operations on the blockchain is stored on the computer of each network node.

How to protect yourself from hidden mining?

When someone performs an operation on the blockchain, it is propagated throughout his network to be confirmed. The verification and confirmation of operations using powerful computers is carried out by miners who are rewarded for this. You need confirmation from at least 51% of miners to approve the operation.

The set of all confirmed operations is combined into a block and sent to all network nodes. Nodes, or nodes, are participants who store the entire history of operations (the entire blockchain) on their computers. The block is written to the blockchain and linked to the previous block using complex mathematical encryption.

This is if it is very generalized and simple, without delving into “proof of work” and “proof of stake” network protection methods. In fact, there are blockchains where you don’t need to mine. But this is a completely different story, with its own characteristics and disadvantages.

Why blockchain is needed

Blockchain can be useful where you need to securely store information, get rid of intermediaries, guarantee transparency and the absence of corruption, protect data from forgery, and secure ownership. Below are a few examples of technology applications

On the blockchain, contracts can be programmed that are executed when the necessary conditions occur. The scope of their application is practically unlimited. For example, the fact that you park your car can be programmed as a prerequisite for debiting money from your wallet. No need to rush around with coupons – everything is simple, safe and fast. A smart water system can be programmed to pay bills every time a certain amount of water is used. Blockchain smart contracts can help register and sell intellectual property. For example, musicians can receive money from fans directly, without intermediaries.

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