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Boss AI-M-3000 Blockchain Technology

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aara123At the heart of cryptocurrency is the blockchain, a distributed ledger technology. A blockchain is essentially a digital ledger of transactions that is duplicated and distributed across a network of computers. Each "block" contains a list of transactions, and these blocks are "chained" together in chronological order.

The decentralized nature of the blockchain ensures that no single entity has control over the entire network, enhancing security and transparency. Each transaction on the blockchain is verified by network participants (often called nodes or miners), making it nearly impossible to alter past data without the agreement of the majority.