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Blockchain Explained Simply: What It Is, How It Works, and . . . At its core, a blockchain is like a shared digital diary Anyone in the network can add entries, but once something is written, it can’t be changed or erased This data isn’t stored in one place—it’s spread across countless computers worldwide
How Blockchain Works? - Blockchain Council Decentralization: Blockchain operates on a decentralized network of nodes, eliminating the need for a central authority to validate transactions This decentralization ensures that no single entity has control over the network, making it resistant to censorship and manipulation
How does the Blockchain Work? - GeeksforGeeks To solve this problem, the nodes use a consensus mechanism to ensure that every new block that is added to the Blockchain is the only version of the truth that is agreed upon by all the nodes in the Blockchain, and only a valid block is securely attached to the blockchain