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BLOCKCHAIN#1

A decentralized digital ledger that records transactions across many computers securely and transparently.

DECENTRALIZATION#2

The distribution of authority, control, and information away from a central entity, enhancing transparency and security.

SMART CONTRACT#3

Self-executing contracts with the terms of the agreement directly written into code, automating processes.

CRYPTOCURRENCY#4

Digital or virtual currency that uses cryptography for security, enabling secure transactions.

LEDGER#5

A record-keeping system that maintains transaction history; in blockchain, it is shared and immutable.

NODE#6

A computer that participates in the blockchain network, validating and relaying transactions.

HASHING#7

A process that converts input data into a fixed-length string of characters, ensuring data integrity.

MINING#8

The process of validating transactions and adding them to the blockchain, often involving complex computations.

PUBLIC KEY#9

A cryptographic key that allows users to receive cryptocurrencies; it is shared openly.

PRIVATE KEY#10

A secure cryptographic key that allows users to access and manage their cryptocurrency holdings.

TOKEN#11

A digital asset created on a blockchain, often representing a utility or value within a specific ecosystem.

ICO (INITIAL COIN OFFERING)#12

A fundraising method where new cryptocurrencies are sold to investors, often before the official launch.

DAPP (DECENTRALIZED APPLICATION)#13

Applications that run on a blockchain or peer-to-peer network, rather than a centralized server.

LEDGER TECHNOLOGY#14

The underlying technology of blockchain that allows for secure, transparent, and tamper-proof record-keeping.

INTEROPERABILITY#15

The ability of different blockchain networks to communicate and work together seamlessly.

SCALE#16

The capacity of a blockchain network to handle an increasing amount of transactions efficiently.

ADOPTION CHALLENGES#17

Obstacles that hinder the widespread use of blockchain technology, such as regulatory issues and technical barriers.

USE CASE#18

A specific application of blockchain technology in real-world scenarios, demonstrating its potential benefits.

PROOF OF WORK#19

A consensus mechanism that requires participants to solve complex mathematical problems to validate transactions.

PROOF OF STAKE#20

A consensus mechanism where validators are chosen based on the amount of cryptocurrency they hold.

FORK#21

A change or upgrade to a blockchain protocol that can create a new version or split the existing blockchain.

GOVERNANCE#22

The framework for making decisions within a blockchain network, including rules and protocols.

REGULATORY FRAMEWORK#23

The legal guidelines and policies that govern the use and implementation of blockchain technology.

EMERGING APPLICATIONS#24

New and innovative uses of blockchain technology across various sectors, such as finance, healthcare, and supply chain.