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Using Python to create a Crypto Currency Blockchain

Cryptocurrencies and their underlying blockchain technology have taken the world by surprise —from their humble beginnings a few years ago to current everyday conversation point.

Typically, a blockchain refers to a distributed ledger technology that constitutes a “chain of blocks.” Every block in the blockchain has a hash of the previous block, a timestamp, and transaction data which makes it tamper-proof.

According to Elliot Minns, who has more than six years of software development experience and uses practical projects to teach people how to create cryptocurrencies, “Learning how to create a blockchain will help you to understand how digital currencies like Bitcoin and Ethereum operate and how you can extrapolate the technology to accelerate the capabilities of your applications.”

In this article, we are going to explain how you can create a simple blockchain using the Python programming language.

Here is the basic blueprint of the Python class we’ll use for creating the blockchain:

Now, let’s explain how the blockchain class works.

Initial Structure of the Block Class

Here is the code for our initial block class:

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