What is a Blockchain?
A blockchain is a shared digital ledger that records transactions that cannot be altered. It is the underlying technology behind bitcoin and other cryptocurrencies.
Data stored on the blockchain is tamper proof and there is no single point of failure. Once data is stored on the blockchain, it will remain there forever. The details of transfer and storage is visable to everyone.
Blockchains are politically decentralized ( no one controls it), architecturally decentralized ( no central point ), and it acts like one system.
If you enjoyed this post would you please give it an upvote and follow me @cryptoplayer
a nice summary of what is a blockchain
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
thanks for your helpful post
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Followed and upvoted.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
nice read , followed and upvoted
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post has received gratitude of 5.49 % from @appreciator thanks to: @cryptoplayer.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
helpul information about block chain thanks @crypto
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
followed and upvoted! :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
followed and upvoted
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Nice post and upvot me I already follow u plz
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit