What is blockchain?
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What is blockchain?

The blockchain is an #immutable #distributed digital ledger with many use cases beyond #cryptocurrencies (#digital_currencies secured by #cryptography).

In other words, a blockchain is a database (ledger) that structures its data in chunks (blocks) that are chained together. This system also inherently makes an irreversible timeline of data when implemented in a #decentralized nature.

?When a block is filled it is set in stone and becomes a part of this timeline. Each block in the chain is given an exact timestamp when it is added to the chain.

Transaction on blockchain.

Immutable and distributed are two fundamental blockchain properties that I will discuss in the next article.

Saurabh Singh

Nodejs | React | Full stack | AI/ML | Blockchain | Speaker

3 年
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