Difference between revisions of "Blockchain"
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| − | A blockchain is an ever growing list of transactions (blocks) which are stored and linked using [[Cryptography]]. | + | A blockchain is an ever growing list of transactions (blocks) which are stored and linked using [[Cryptography]]. A couple benefits of 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). | [[Bitcoin]] and other [[cryptocurrencies]] are recorded chronologically and in a public digital ledger (blockchain). | ||
Revision as of 22:25, 4 January 2018
A blockchain is an ever growing list of transactions (blocks) which are stored and linked using Cryptography. A couple benefits of 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).
