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Vikas Acharya

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Medial • 11m

One real-life example of a blockchain with proven utility is Bitcoin Bitcoin operates on a decentralized public ledger that records transactions transparently and securely without the need for a central authority. Its blockchain ensures that every transaction is verified by network nodes through cryptography, making it highly resistant to fraud and double-spending. This has real-world utility, as Bitcoin is used globally for peer-to-peer payments, remittances, and as a store of value, providing financial inclusion in regions with limited access to traditional banking systems.

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