Cryptocurrency Q&A
What are the three parts of the block chain?
What are the three parts of the block chain?
CryptoChieftain
Fri Dec 06 2024
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11 answers
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I'm trying to understand the components of blockchain technology. Specifically, I want to know what the three main parts of a blockchain are.
11 answers
Martina
Sun Dec 08 2024
The second key component is the consensus mechanism.
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SunlitMystery
Sun Dec 08 2024
Blockchain technology consists of three essential elements.
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CryptoLegend
Sun Dec 08 2024
The first key component of blockchain is the distributed ledger.
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CryptoQueenGuard
Sun Dec 08 2024
This ledger is decentralized and maintained by a network of computers.
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MysticRainbow
Sun Dec 08 2024
Each computer in the network has a copy of the ledger, ensuring data integrity and security.
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