Category: 6.Beginner’s Guide to Blockchain

Blockchain this. Blockchain that. In the previous lesson, I gave a high-level technical overview of what a blockchain is that hopefully wasn’t too boring. Now that you know what it is… What’s so special about blockchain technology? Asking what’s so special about blockchain is like asking what’s so special about the internet. Or electricity. Or…

What’s a blockchain? A “blockchain” or “blockchain technology” is an entirely new way of recording data on the internet in a way that makes it impossible or extremely difficult to change the data once recorded. Bitcoin, along with other cryptocurrencies, relies on blockchain technology in order to work  To understand cryptocurrencies. you need to understand blockchain. A…