Blockchain and Cryptocurrencies: A Powerful Synergy Blockchain technology is at the heart of the cryptocurrency world. Without it, the digital currency landscape wouldn’t exist in the form we know today. But what exactly makes blockchain so crucial to cryptocurrencies, and why is it considered the backbone of this revolutionary industry? What is Blockchain? Blockchain is a decentralized, digital ledger that records transactions across a network of computers. Each "block" in the chain contains a list of transactions, and once a block is added to the chain, it is immutable—meaning it cannot be altered or deleted. This makes blockchain an incredibly secure and transparent method of recording data. In the context of cryptocurrencies , blockchain ensures that all transactions are validated and permanently recorded. Blockchain in Cryptocurrencies The first major use of blockchain technology was Bitcoin, the world’s first decentralized cryptocurrency, launched in 2009. Bitcoin i
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