Blockchain is a decentralized and distributed digital ledger used to record transactions across numerous computers. Here's a concise breakdown:
- Decentralized: No single entity controls the entire blockchain; instead, it's maintained by a network of nodes (computers).
- Distributed Ledger: Each participant (node) has a copy of the entire ledger, ensuring transparency and security through consensus.
- Blocks: Transactions are grouped into blocks. Each block contains a list of transactions, a timestamp, and a cryptographic hash of the previous block, forming a chain.
- Immutability: Once data is recorded in a block, it's very hard to change due to cryptographic links between blocks and the consensus needed to alter any record.
- Security: Transactions are secured through cryptography, and consensus mechanisms like Proof of Work (PoW) or Proof of Stake (PoS) prevent fraudulent transactions.
- Transparency: All network participants can see the transactions, although identities can be pseudonymous.
- Applications: Beyond cryptocurrencies like Bitcoin, blockchain technology supports smart contracts, supply chain management, voting systems, and more, aiming to eliminate intermediaries, reduce fraud, and increase efficiency.
In essence, blockchain provides a way to have a secure, transparent, and unalterable record of transactions or data, fostering trust in a trustless environment.
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$LUNC
👆Click to buy (research before you buy any token)

Summary:
👉 Terra Luna Classic is the native token of the original Terra ecosystem. Terra Luna Classic was originally LUNA, which had an interdependent relationship with TerraUSD (UST), an algorithmic stablecoin.
UST aimed to achieve stability through an elastic supply mechanism enabled by LUNA, which is minted or sold based on the demand preferences of the UST token.
Due to a significant price reduction in the LUNA token, UST could not maintain its peg to the U.S. Dollar, resulting in a collapse in both tokens' prices. Following the collapse, the ecosystem decided to launch a new token under the name Terra Luna and rebrand the original token to Terra Luna Classic.

👌24H Real Volume: $13.05M
👌Marketcap: $573M ; Fully Diluted: $678M
🚨All-Time High: $118.86 ;☠️ Apr 5, 2022
🚨Cycle Low: $0.0₅100 ;May 13, 2022

Last 7 days burn: 🔥 🔥🔥🔥🔥🔥
👉 Total 396.66 billion token lunc has been burn till now, 🔥🔥
👉 Major burner being TFL and binanace..🔥🔥

What do you think where the future of the lunc lies ahead??🧐🧐🧐

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Love from noobiee❤️
#Lunc2TheMoonSoon