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Any transaction made is instantly visible to everyone on the network. It is also suffering from big challenges and disadvantages of blockchain, including scalability and. Blockchain technology created the backbone of a new type of internet by allowing digital information to be distributed, but not copied. The blockchain technology has been trending now for almost 2 years. Blockchain technology isn't all just about bitcoin, you know. And why the renewed interest in the latter? Why is blockchain the future? Why is blockchain so popular? The blockchain is a secure transaction ledger database that is shared by all parties participating in an established the mechanics of the blockchain are novel and highly disruptive. Bitcoin is a cryptocurrency, which is an application of blockchain, whereas blockchain is simply an underlying technology behind bitcoin that is implemented through various channels. A blockchain is a growing list of records, called blocks, that are linked using cryptography. After looking at the various pros of blockchain and the way in which it is positively impacting businesses worldwide, the next question that pops up in our. Get the worlds most popular blockchain and cryptocurrency:
