CryptoSavant
Sun May 19 2024
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5 answers
1103
Is blockchain an immutable ledger?
Could you clarify, is blockchain indeed an immutable ledger? I've heard so much about its supposedly tamper-proof nature, but I'm still not entirely sure what it actually means. Is it really impossible to alter the records once they've been entered into the blockchain? And if so, how does this immutable nature contribute to the security and trustworthiness of blockchain technology? It seems like a crucial aspect, but I'd like to understand it in more depth. Could you elaborate on this point, please?
KimonoGlory
Sun May 19 2024
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7 answers
1702
What is an example of an immutable ledger?
Could you please provide an example of an immutable ledger? I'm particularly interested in understanding how such a ledger differs from traditional ledgers in terms of its ability to record transactions securely and permanently. In what context is an immutable ledger typically used, and what are the key benefits it offers? I'm also curious to know how the concept of immutability is achieved in such a ledger, and how it ensures the integrity and authenticity of the recorded data. Thank you for your assistance in clarifying this concept for me.
