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kaijuncui401
@kaijuncui401
đŸ§± How Does Blockchain Store Data? Unlike centralized databases, blockchains use a distributed ledger: data is copied across thousands of nodes. For example, Bitcoin's 2024 ledger exceeds 500GB and is synced across 10,000+ nodes. One transaction = recorded everywhere = can't be altered. 📩 What’s in a Block? Each block contains: Transaction data (e.g., “You sent me 1 BTC”) A hash (unique fingerprint) The previous block’s hash (linking blocks into a chain) SHA-256 ensures even a tiny change alters the hash, making tampering almost impossible. 🔒 Why Is It Secure? Decentralization: One node failing doesn't break the system Immutability: To alter data, you’d need 51% of the network—costing billions Transparency: All data is public; you can check 10-year-old transactions 🌐 Beyond Money DeFi: Loan records NFTs: Ownership of digital assets Supply chains: Walmart tracks food origin in 2.2 seconds In the future: IDs, votes, and more on-chain.
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