How does blockchain technology ensure the integrity and immutability of digital transactions?

1 answers

• May 03, 2022 · 3 years ago
  As an expert in the field, I can confidently say that blockchain technology is the backbone of cryptocurrencies like Bitcoin. It ensures the integrity and immutability of digital transactions by using a combination of cryptographic algorithms and decentralized consensus mechanisms. The transactions are verified and recorded by a network of computers, known as nodes, spread across the globe. These nodes work together to validate the transactions and reach a consensus on their validity. Once a transaction is confirmed and added to the blockchain, it becomes nearly impossible to alter or reverse it. This makes blockchain technology a trusted and secure solution for digital transactions.
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