Blockchain: What Is It? A Basic Handbook for All The term "blockchain" is most likely familiar to you; it may have come up in discussions about Bitcoin or other cryptocurrencies. But what does it really mean, and why is it so popular? You don't have to be an expert in technology to comprehend, so don't worry. Let's simplify it. What Is Blockchain? Consider blockchain as an online safe record book. However, a blockchain is shared among thousands of computers worldwide, in contrast to a typical database that is owned by a single company or resides on a single server. Every time a transaction is completed or new information is added, it is added to a "block." A chain of blocks, or simply a blockchain, is created when each block is linked to the one before it. It is safe, transparent, and reliable because once something is added, it cannot be removed or altered. Blockchain, to put it br...
The Beginner’s Guide to Blockchain: What It Is and Why It Matters