Hamster Cute Merge
Blockchain is a decentralized digital ledger technology that securely records transactions across multiple computers. It ensures transparency, security, and immutability, as each transaction is added as a block and linked in a chain, making tampering nearly impossible. Originally developed for Bitcoin, blockchain now supports various applications, including smart contracts, supply chain management, and digital identity verification. Its distributed nature removes the need for intermediaries, improving efficiency and reducing costs. Businesses and governments leverage blockchain for fraud prevention, secure data sharing, and automated processes. With consensus mechanisms like Proof of Work (PoW) and Proof of Stake (PoS), blockchain ensures trust among participants. As a transformative technology, blockchain continues to evolve, reshaping industries by enabling secure, transparent, and decentralized solutions.
