Difference between revisions of "Blockchain"
From CoinWiki
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| − | [[Bitcoin]] and other [[cryptocurrencies]] are recorded chronologically and in a public digital ledger | + | A blockchain is an ever growing list of transactions (blocks) which are stored and linked using [[Cryptography]]. Benefits to using blockchain technology are that it combats the [[Double Spending]] problem and that the transactions recorded are [[immutable]]. |
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| + | [[Bitcoin]] and other [[cryptocurrencies]] are recorded chronologically and in a public digital ledger (blockchain). | ||
Revision as of 22:46, 24 December 2017
A blockchain is an ever growing list of transactions (blocks) which are stored and linked using Cryptography. Benefits to using blockchain technology are that it combats the Double Spending problem and that the transactions recorded are immutable.
Bitcoin and other cryptocurrencies are recorded chronologically and in a public digital ledger (blockchain).
