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Blockchain Explained Unbreakable Once a transaction is confirmed, it is stored on the ledger and protected using cryptography. Blockchain Explained Availability Blockchain is a decentralized peer-to-peer network and there is no central point of failure. Blockchain Explained Decentralized Decentralization is one of the cores - and most important - advantages of blockchain technology. Decentralized Decentralization is one of the core - and most important - advantages of the blockchain technology. It has been a highly-desired concept for many years, but it was blockchain technology that made it possible. To get the blockchain explained in simple words, it requires no central server to store blockchain data, which means it is not centralized. This is what makes the blockchain so powerful. Instead of the server being stored in one place, it is stored on the blockchain and is powered by many different computers/nodes. This means there is no third party to trust and pay a fee to. Compare Crypto Exchanges Side by Side With Others Did you know? Have you ever wondered whic...