“We are going to explain some of the must known word/phrases in crypto and NFT world. New entries will be added continuously to be up to date.
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Block – A block is a package of transactions tied together and ordered into the blockchain.
Blockchain – Imagine it as a database, which holds information about transaction made on it. Although it differs from a “classic” database a lot. Most of the blockchains are publicly accessible, decentralized, distributed, hard to hack or change confirmed transactions, tend to call it “digital ledger of transactions”.”
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