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Explain Crypto To COMPLETE Beginners: Coin Bureau Guide!!At its core, blockchain is an open, decentralized ledger that records transactions between two parties in a permanent way without needing third-party. Blockchain is the technology behind Bitcoin, the revolutionary 'virtual currency' that's changing the way people do business. � covers the essential things you. Crypto works by using a distributed ledger system known as the blockchain. The blockchain is a digital ledger that records all transactions on.