What is the Bitcoin Blockchain and How Does it Work? | Mashable Explains04:33

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Published on February 23, 2017

While it’s yet to be seen whether or not bitcoin will revolutionize the way we handle money in the digital area, one aspect of the cryptocurrency is garnering a lot of attention. The blockchain is the backbone of Bitcoin, and is being heralded as the most important innovation since the Internet itself. So how does it work, and why is it so important?

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What is Bitcoin and how does it work?

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