Block Chain

A block in a block chain is a collection of data. The data is added to the block in block chain, by connecting it with other blocks in chronological others creating a chain of blocks linked together. The first block in the Block chain is called Genesis Block.
Block chain is a distributed ledger, which simply means that a ledger is spread across the network among all peers in the network, and each peer holds a copy of the complete ledger.
 

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