A blockchainA Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors. is a type of distributed ledgerA blockchain is a type of distributed ledger that holds a permanent record of all transactions. The transactions are recorded onto a ledger. A copy of the ledger is updated on each node, or oracle, via the client application designed for that particular chain. Public chains, like Ethereum and Bitcoi... More that holds a permanent record of all transactions. The transactions are recorded onto a ledgerAn append-only type record, where records are immutable.. A copy of the ledgerAn append-only type record, where records are immutable. is updated on each nodeAn overlay network is a computer network that is built on top of another network. Nodes in the overlay network are connected by virtual links., or oracle, via the client applicationA shared application layer is an abstraction layer that specifies the shared protocols and interface methods used by hosts in a communications network. designed for that particular chain. Public chains, like Ethereum and BitcoinA Cryptocurrency address is used to receive and send transactions on the network. An address is most commonly represented as a string of alphanumeric characters and sometimes referred to as wallets. Addresses can also be represented as a scannable QR code., have their own client applications one must download and install in order to participate in the blockchainA Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors. as a nodeAn overlay network is a computer network that is built on top of another network. Nodes in the overlay network are connected by virtual links..

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