I'm a complete beginner and I want to understand what blockchain is. Can someone explain it to me in simple terms, without using too much technical jargon? I just need a basic understanding of what it is and how it works.
6 answers
Valentina
Wed Oct 30 2024
This distributed nature means that data is replicated across multiple computers, enhancing security and reliability.
CharmedWhisper
Wed Oct 30 2024
The blockchain serves as a public digital ledger, recording transactions in a transparent and verifiable manner.
Tommaso
Wed Oct 30 2024
A blockchain represents a groundbreaking technological advancement in the digital realm.
ethan_lewis_journalist
Wed Oct 30 2024
Transactions recorded on the blockchain are immutable, meaning they cannot be altered retroactively.
Riccardo
Wed Oct 30 2024
It operates on a decentralized model, ensuring that no single entity controls the network.