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Hash
How it works

Hash

A unique digital fingerprint generated from a piece of data. Every block, transaction and linkage on a blockchain has a hash. If anything in the block changes, the hash changes entirely. This is how the network detects tampering.

TradFi equivalent
In traditional finance...
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TradFi equivalent
A trade reference number. A unique identifier assigned to a specific transaction that allows it to be located, verified, and tracked.
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Analogy
In everyday terms...
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Analogy
A fingerprint. Every person has a unique fingerprint that cannot be replicated.
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