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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...

Bitcoin in Pakistan: Legal Status, Risks & Future Outlook (2025) 🔍 Introduction Bitcoin has become one of the most talked-about digital assets in the world. In Pakistan, interest in Bitcoin and other cryptocurrencies has grown rapidly, especially among youth, freelancers, and digital investors. However, confusion still exists regarding its legal status, risks, and future. This article explains everything in clear and factual terms. 💡 What Is Bitcoin? Bitcoin is a decentralized digital currency created in 2009. It operates on blockchain technology, meaning no bank or government controls it. Transactions are recorded publicly and securely, making Bitcoin transparent and resistant to fraud. ⚖️ Legal Status of Bitcoin in Pakistan As of 2025: Bitcoin is not officially legal tender in Pakistan It is also not completely illegal The State Bank of Pakistan (SBP) has warned against risks but has not criminalized ownership Many Pakistanis still trade crypto using international platforms, bu...