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One more block, please! #01: The Genesis - Unpacking the First Block

  • Borba, a Backend Engineer, delves into Blockchain technology in a new series.
  • Blockchain emerged in 2008 for trust, transparency, and decentralization amidst a financial crisis.
  • It functions by chaining validated blocks of transactions and is foundational to Web3.
  • Blockchain enables ownership in Web3 and promises Smart Contracts, DeFi, and sovereign identity.
  • Bitcoin's surge to $100k signifies the widespread adoption of Blockchain beyond cryptocurrencies.
  • Future implications include automating processes, decentralized finance, and individual digital identity control.
  • The next post will explore Smart Contracts in-depth in the Blockchain revolution.

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