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Crypto Glossary/Blockchain

Blockchain

A decentralized database or ledger of cryptocurrency transactions that can be verified and validated publicly.

A blockchain network is, as the name suggests, a chain of blocks containing data for cryptocurrency transactions that form a ledger, identifying addresses on the chain as having a certain number of coins or tokens. 

All the blocks on a chain are validated by block validators before they are finalized, and cannot be reverted without splitting the chain. The blockchain is, by nature, immutable, and publicly transparent in regards to all transactions in each block from the first (genesis block) to the latest.

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