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To understand cryptocurrency, there is one concept that you couldn’t avoid ---blockchain
The simplest way of explanation, blockchain is a specific type of database.
A traditional database runs in a centralized organizing way that requires an administrator to manage and maintain all of the info. Blockchain orient its data in a decentralized way that requires no individual to manage. It simply structures all data into blocks that are all chained together in chronological order. When a block is filled, it would become immutable and formed as a part of its timeline. Each block would be given an auto-generated hash code as it becomes chained.
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By Chloe
Good morning moomooers! Here are things you need to know before the opening bell:
- Future contracts tied to the major US stock indexes fell in the morning.
- US Treasury yield extend steep decline
Market Snapshot
Futures contracts tied to the major U.S. stock indexes fell in early morning trading Thursday after both the S&P 500 and Nasdaq Composite closed at records.
Dow futures dropped 399 points. Contracts tied to the S&P 500 and Nasdaq 100 were both in negative territory.
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