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Blockchain News

Robinhood Chain Sees Transactions Drop 42%

Robinhood Chain Sees Transactions Drop 42%

The slowdown is hitting Robinhood’s business model, while deposits and stablecoin reserves are holding up. The chain also faces technical risks because of its single sequencer.

Blockchain is a decentralized digital ledger in which transactions are recorded.

Blockchains make it possible to store data and transactions transparently and securely without a central administrator. They form the foundation for cryptocurrencies, smart contracts, and decentralized apps.