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Steps Involved in the Blockchain Development Process:
Identify Requirements: Understand the purpose and goals of the blockchain application.
Design Architecture: Plan the system, including consensus mechanisms and node infrastructure.
Develop Smart Contracts: Create automated scripts to execute predefined actions securely.
Implement Blockchain: Build the application using platforms like Ethereum, Hyperledger, or others.
Testing: Run rigorous testing to identify and fix bugs or vulnerabilities.
Deployment: Launch the blockchain network and integrate it with existing systems.
Ongoing Support: Provide maintenance, updates, and security enhancements.
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Ideation: Define the purpose and goals of the blockchain.
Design: Choose consensus algorithms, platform, and architecture.
Development: Code smart contracts and build the blockchain infrastructure.
Testing: Ensure security, scalability, and functionality.
Deployment: Launch the blockchain network.
Maintenance: Continuously monitor and improve the system.