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Blockchain is a distributed ledger technology that enables the secure and transparent storage and transfer of digital information. It was originally introduced as the underlying technology behind the cryptocurrency Bitcoin. A blockchain consists of a chain of blocks, where each block contains a set of transactions or data. The blocks in a blockchain are linked together using cryptographic algorithms, ensuring the integrity and immutability of the data. Blockchain operates on a decentralized network, where multiple participants (nodes) maintain a copy of the ledger. Transactions recorded on the blockchain are verified by consensus among the participating nodes, eliminating the need for a centralized authority. The decentralized nature of blockchain makes it resistant to fraud, tampering, and censorship.

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