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Blockchain: The New Technology of Trust

T hink about a blockchain as a distributed database that maintains a shared list of records. These records are called blocks, and each encrypted block of code contains the history of every block that came before it with timestamped transaction data down to the second. In effect, you know, chaining those blocks together. Hence blockchain Blockchain is the data structure that allows Bitcoin (BTC) and other up-and-coming cryptocurrencies such as Ether (ETH) to thrive through a combination of decentralized encryption, anonymity, immutability, and global scale . It’s the not-so-secret weapon behind the cryptocurrency’s rise, and to explain how blockchain came to be, we have to begin briefly with the legacy of Bitcoin. Welcome to our Blockchain future In the future, viewers will forego paying subscriptions to platforms and can instead give directly to the content providers they love. Creators will therefore receive a larger share of the pie. By allowing the blockchain to use their computer