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Glossary · investing

What is Blockchain?

A shared, append-only ledger secured cryptographically and validated by a distributed network.

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Blockchains are what makes decentralised cryptocurrencies possible. Different chains make different trade-offs between decentralisation, throughput, and cost.

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Frequently asked questions

Public vs private blockchain?

Public chains are open to anyone; private (permissioned) chains restrict participation, common in enterprise use.

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