Want to understand #blockchain without breaking your brain? You’re in the right place.
Okay, picture a giant book.
Each page is a block.
And on each page, there’s a list of transactions: who sent what to whom.
This book isn’t stored in one place.
It’s shared across lots of computers all over the world.
That’s what we call peer-to-peer.
The result?
Everyone can see the pages… but no one can tamper with them.
Every page has a unique number called a hash,
kind of like a digital fingerprint for the block.
A new page also includes the hash of the previous one.
The result?
If you try to change one page, you’d have to change all the pages that come after it.
Pretty much impossible!
That’s what makes blockchain: • Secure
• Transparent
• Tamper-proof
For example, if you send Bitcoin,
the transaction gets written into this book.
Visible to everyone… forever.
With this system, we no longer need centralized middlemen like banks.
Everything is decentralized.
There you go! Now you understand the basics of blockchain.
