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 Blockchain Technology Explained in Simple Words (For Beginners) 🔍 Introduction Blockchain is one of the most talked-about technologies in the digital world, yet many people find it confusing. In simple terms, blockchain is the backbone of cryptocurrencies like Bitcoin , but its use goes far beyond digital money. This article explains blockchain technology in easy words , especially for beginners. 💡 What Is Blockchain? Blockchain is a digital record-keeping system . Instead of storing data in one central place (like a bank server), blockchain stores data across many computers worldwide . Each record is called a block , and all blocks are connected in a chain — hence the name blockchain . 🧱 How Blockchain Works (Step by Step) A transaction is created The transaction is verified by multiple computers (nodes) Verified data is stored in a block The block is added to the chain permanently Data cannot be changed or deleted This makes blockchain secure, trans...

Cryptocurrency & Bitcoin Mining in Pakistan Current Status, Regulations, Exchanges, and Mining Feasibility Introduction: Cryptocurrency in the Global Economy Cryptocurrency is a digital or virtual currency secured by cryptography and built on blockchain technology. Unlike traditional money, cryptocurrencies are decentralized and operate without a central bank. Bitcoin (BTC), launched in 2009, remains the world’s first and most valuable cryptocurrency and is often referred to as “digital gold. Over the last decade, crypto adoption has grown rapidly across the world—including Pakistan—despite regulatory uncertainty. Bitcoin (BTC) and Mining Explained Bitcoin mining is the process through which new bitcoins are created and transactions are verified on the blockchain. Miners use powerful computers (ASIC miners) to solve complex mathematical problems. In return, they receive BTC rewards. Mining requires: High-performance hardware Continuous electricity supply Cooling infrastructure Stab...