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Introduction Blockchain systems has garnered substantial attention in the past few years. This cutting-edge digital ledger technology offers to revolutionize industries, from financial services to supply chain management. Understanding the essentials of blockchain is vital for any person keen on explore the future of the internet space. Body Content Understanding Blockchain Basics At its foundation, blockchain is a form of decentralized ledger technology. Unlike traditional databases, it stores data in blocks that are chained in succession.