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How Blockchain Works?

When someone requests transaction

The requested transaction is broadcast to P2P network consisting of computers, known as nodes.

The network of nodes validates the transactions and the user status using known algorithms.

A verified transaction can involve cryptocurrency contracts, records or other information.

Once verified, the transaction is combined with other transactions to create a new block of data for the ledger..

The new block is then added to existing blockchain , in a way that is permanent and unalterable.

Once verified, the transaction is combined with other transactions to create a new block of data for the ledger..

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