Blockchain technology is revolutionizing our world, designed to secure records. But how exactly does it work? Discover more about this revolutionary tool.
What Is Blockchain Technology?
Blockchain refers to a digital ledger where information is stored securely so it's difficult for it to be altered. This ledger can be shared among many computers - each computer having their own copy.
Information is organized into blocks. Each block stores records of transactions that occurred over time and as each one fills up it links back with its predecessor to form an interconnected chain of linked blocks, commonly referred to as blockchain technology.
How Does Blockchain Work?
Mining is the process by which...