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What is a Blockchain?

Understand the high-level structure of this chapter.

Blockchains introduce a lot of new concepts. In this chapter we will approach the concept from a high level and see how it compares with other kinds of computing we are used to:

  • Centralized and Decentralized Systems: What are the differences between centralized and decentralized systems?
  • Decentralized Computer: How is a blockchain different from computers we know?
  • Decentralized Applications: What are dApps?
  • Use Cases: When does it make sense to use Blockchain?

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