If blockchain is just a buzzword for you, you need to change that! We will explain it in the simplest way and discover why it is called the Internet of the future.
Where is the Internet 'located' today?
It is stored on servers. YouTube videos, for example, are stored on Google's servers. The information about your meals is stored on the servers of Uber Eats Delivery Club. Your passport data is stored on the servers of State Services.
Servers are a kind of 'centers' that store, process, and transmit information.
Blockchain technology allows for the complete elimination of these centers and makes the Internet decentralized, which is why it is called the Internet of the future or Web 3.0.
How it works:
In literal translation, blockchain means 'chain of blocks.' All information is recorded in blocks, the so-called miners are responsible for creating and managing them.
The blockchain is stored simultaneously on the computers of a large number of independent users, rather than on the servers of organizations.
Let's try to visualize it: you have a flash drive with your favorite photos. This drive suddenly 'burns out.' Your photos are lost forever.
In blockchain, this is impossible because there are hundreds of thousands of people with the same 'flash drive,' and destroying one of them has no effect.
Blocks cannot be deleted or modified (unlike conventional databases). If certain information appears in a block, it stays there forever. Each new block contains a link to the previous block, so actions within the network can be traced at any time.
For example, someone gave you a Toncoin. And you passed that coin to your best friend.
All these transactions are recorded on a large number of computers, they are immutable, and the ownership of the currency will always belong to your friend (unless they give it to someone else).
Decentralized ecosystems offer many opportunities. In the next post, we will tell you what they are.
There are many blockchains in the world, and they are barely connected to each other or to the centralized world.
The goal of TON is to group them into a single ecosystem and create a true Web 3.0.
