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What is blockchain example?

What is a blockchain and how does it work?

26 March 2022 Enpatika.com Genel

A blockchain is a decentralized, distributed and public digital ledger that is used to record transactions across many computers so that the record cannot be altered retroactively without the alteration of all subsequent blocks and the consensus of the network.”

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What is blockchain used for?

26 March 2022 Enpatika.com Genel

By spreading its operations across a network of computers, blockchain allows Bitcoin and other cryptocurrencies to operate without the need for a central authority . This not only reduces risk but also eliminates many of the processing and transaction fees.

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