Author: Yash Garg
Blockchain Technology: Architecture and Key Components Blockchain technology provides an innovative solution to the problems of decentralization through a unique architecture. It offers a decentralized ledger system that leverages cryptographic security to ensure data integrity and immutability. Unlike traditional database structures, blockchain architecture consists of a continuously growing chain of records, known as blocks, arranged in a transparent and permanent sequence of transactions. This architecture underpins the distinct traits of blockchain technology, making it transformative across various industries. Key Features of Blockchain Architecture Decentralization: Eliminates the need for a central authority by enabling peer-to-peer communication. Immutability: Ensures data integrity by…
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