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Introduction Blockchain technology has garnered substantial interest in recent years. This innovative digital ledger technology offers to revolutionize fields, from financial services to distribution management. Understanding the basics of blockchain is vital for anyone keen on delve into the potential of the internet space. Body Content Understanding Blockchain Basics At its essence, blockchain is a kind of distributed ledger technology. Unlike traditional databases, it saves data in blocks that are interconnected together. Each unit holds a certain amount of da