Hello Steemians,
Today i am talking about the #Blockchain #Technology. Let's get introduced to the Blockchain Technology.
Blockchain is a #Decentralized and #Distributed digital #Ledger, that is used to record #Transaction across many computers so that the record can not be altered retroactively without the alternation of all subsequent blocks and the collision of the network.
Blockchain is a technology that promises to change the way we think about transactions, data storage and data transfer.
Now there are a lot of Blockchain networks currently active, all of which are built on four key principles.
#They are
Bitcoin is an electronic #Decentralized currency managed on a peer-to-peer networks, also known as #Cryptocurrency with a system working without a central bank or single administrator. Making it Essentially the first official #Implementation of all the four keys principles of Blockchain together.
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