How does blockchain ensure data security?
Blockchain ensures data security through decentralization, encryption, and consensus mechanisms.
Can you explain how decentralization contributes to security?
Decentralization means that no single entity controls the data, making it harder for hackers to manipulate.
What role does encryption play in blockchain?
Encryption secures data by converting it into a format that can only be read by authorized users.
Are there any vulnerabilities in blockchain security?
While blockchain is secure, vulnerabilities can arise from poor implementation or human error.
How does consensus mechanism enhance security?
Consensus mechanisms ensure that all participants agree on the validity of transactions, preventing fraud.
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