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Chain
How it works

Chain

The sequence of blocks linked together in permanent, chronological order. Each block contains a reference to the previous block, making the record tamper-resistant. Changing one block would require changing every block that follows it.

TradFi equivalent
In traditional finance...
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TradFi equivalent
An audit trail. A sequential, unbroken record of every transaction or event, where each entry references what came before it.
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Analogy
In everyday terms...
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Analogy
A roll of film negatives. Each frame is connected to the next. Removing or altering one frame damages the entire sequence, and the damage is immediately visible.
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