what is blockchain technology and how does it work

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Blockchain It is a record-keeping system that makes it impossible to hack or forge data on the system. This makes it immutable and secure. It is a type distributed ledger technology (DLT), which allows transactions to be recorded and associated data to multiple places simultaneously.

 

What is blockchain technology in simple terms?

Blockchain A system that records information in a way that makes it hard or impossible to alter, hack, or cheat. A blockchain is essentially a digital record of transactions that can be duplicated and distributed to all the computers in the network.

 

What is blockchain example?

Examples Of Blockchain

Bitcoin And Ethereum are some of the most popular examples of blockchains. Everybody is allowed to connect and transact on the blockchain.

 

 

 

 

 

 

 

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