What is Blockchain and Blockchain Wallet

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what is blockchain wallet

What is Blockchain and Blockchain Wallet?

CryptoBozz - It should be for crypto currency lovers, we have to know what exactly is it. Blockchain that. Since the emergence of the Bitcoin crypto currency, Bitcoin and Blockchain cannot be separated.

So, what exactly is Blockchain?

According to various sources said, Blockchain is an open distributed ledger which can record transactions between two parties efficiently and in a verifiable and permanent way. To use it as a distributed ledger, blockchain is usually managed by a peer-to-peer network collectively following a specific protocol for communication between nodes and confirming new blocks. Once recorded, the data in a block cannot be changed retroactively without changes to the next blocks which require majority network consensus.

Blockchain Crypto Wallet.

Once we understand what is meant " Blockchain "on top. Now we also have to understand about Crypto Wallet Blockchain.

Actually, if we talk about Crypto Wallets, we will definitely remember the types of cryptocurrencies such as Bitcoin, BCH, Ethereum, Litecoin and the like. So, the Blockchain we mean here is an online wallet where various cryptocurrencies are stored. Previously the site's domain name was "Blockchain.info and now it's changed to Blockchain.com".

In this blockchain wallet apart from being a place to store crypto bitcoin, we can also transact buying and selling, sending and receiving various cryptocurrencies others available on the blockchain. In terms of security, blockchain wallets are very safe and reliable.

That's a little explanation about Blockchain and Blockchain crypto wallets. And for those of you who don't have a crypto wallet and are just starting to buy or collect bitcoin or other crypto, please create a blockchain crypto wallet by clicking REGISTRATION.

So hopefully this is useful and greetings of success ...

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