2min chapter

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508. Does the Crypto Crash Mean the Blockchain Is Over?

Freakonomics Radio

CHAPTER

Block Chain Power - How to Improve Your Workflow

A ledger is just a record of transactions. Before block chains, those records are stored by one central party. But no one owns and controls a block chain ledger. It's stored on thousands of computers around the world,. Each of them controlled by someone different. And those computers constantly communicate with one another to insure the ledger is in sink.

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