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What is a blockchain network?
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Written by Primex Finance
Updated over a week ago

A blockchain network refers to the interconnected system of computers or nodes that participate in the validation, storage, and transmission of digital asset transactions and data. It is the infrastructure that enables the functioning of a specific digital asset or blockchain.

In a digital asset network, each node maintains a copy of the blockchain's transaction history and works together to achieve consensus on the validity of transactions. These nodes communicate with each other, sharing information and ensuring the integrity and security of the network. The network plays a crucial role in maintaining the decentralized nature of digital assets. It ensures that no central authority has complete control over the currency and that transactions are verified and agreed upon by a distributed network of participants.

Overall, a blockchain network in the realm of digital assets serves as the underlying infrastructure that enables the decentralized, secure, and efficient operation of the digital asset system.

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