What is Blockchain?

What is Blockchain? Blockchain is a distributed database that maintains a continuously growing list of ordered records called blocks. Each block contains a timestamp and a link to a previous block. This allows each block to be chained together with the previous block, forming a chain of blocks. The blocks in a blockchain are linked using cryptography, which means that they are secure and cannot be tampered with. This makes blockchain a tamper-evident ledger that can be used to record transactions of any kind. Blockchain is a relatively new technology, but it has the potential to revolutionize many industries. It is already being used in the financial sector, supply chain management, and healthcare. How does blockchain work? Blockchain works by using a peer-to-peer network of computers. Each computer in the network has a copy of the blockchain ledger. When a new transaction is made, it is broadcast to the network. The computers in the network then verify the transaction and add ...