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Blockchain

A blockchain is a public database that records transactions done with it, and which is well-protected against outside interference. It’s a distributed system that is not stored on a specific server or node, but is instead distributed across innumerable nodes on the web, where every node only keeps a portion of the whole. The blockchain is also a consensus protocol where everything follows the same rules. Blockchains serve in turn as the fundamental technology behind cryptocurrencies.

Updated on August 4, 2021
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*Paid Advertisement. Not financial advice. RugDoc is not responsible for the projects showcased here. DYOR and ape safu.

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