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Notes – Blockchain and Cryptocurrency (High Level)
Blockchain Block in a Blockchain: Has the following fields: Block Number, Nonce (Number used once), Data, Prev (Hash of previous block), Hash (Valid hash has 4 leading 0’s) Key areas of support: Value: Enables a unique asset to be transferred over the Internet without a middle, centralized agent. Trust: Creates a permanent, secure and unalterable…
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