
What is Blockchain And How Is It Related To Cryptocurrencies?
Blockchain technology is a decentralized and distributed digital ledger that records transactions across multiple computers or nodes. It serves as the underlying technology for cryptocurrencies, including Bitcoin and many others. Here’s a more detailed explanation of what blockchain technology is and how it is related to cryptocurrencies: At its core, a blockchain is a continuously growing list of records, called blocks, which are linked together using cryptographic techniques. Each block contains a collection of transactions, and each transaction represents a transfer of digital assets or information. The key characteristic of blockchain technology is its decentralized nature. Instead of relying on […]