When blockchain invented

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The History of Blockchain|Explained For Beginners
A blockchain was created by a person (or group of people) using the name (or pseudonym) Satoshi Nakamoto in to serve as the public distributed ledger. Blockchain was officially introduced in with the release of its first application -- the Bitcoin cryptocurrency -- but its roots reach. Blockchain technology has evolved since the creation of Bitcoin, developing new and exciting properties. If you consider that Bitcoin was the first iteration of.

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A blockchain allows the data in a database to be spread out among several network nodes�computers or devices running software for the blockchain�at various locations. Archived from the original on 13 July Beijing and Shanghai are among the cities designated by China to trial blockchain applications as January 30, Nakamoto built on the foundations laid by those who came before him. The analysis of public blockchains has become increasingly important with the popularity of bitcoin , Ethereum , litecoin and other cryptocurrencies.