đ WHAT IS BLOCKCHAIN?
Blockchain, or "chain of blocks", is a technology for storing and transmitting information that is transparent, secure, and operates without a central control authority.
đ Imagine a series of blocks linked together like the links of a chain. Each block contains:
a set of transactions,
a unique identifier,
and a reference to the previous block.
đĄ This system makes data tampering nearly impossible, as any modification would need to be made to all previous blocks⊠simultaneously, and on all computers in the network!
đ„ Why is it important?
It is the foundation of cryptocurrencies like Bitcoin, Ethereum, or SEI.
It enables transactions without a trusted third party (bank, notary...).
It guarantees integrity, transparency, and traceability.
đ But blockchain is not just for crypto. It is also used in healthcare, logistics, video games, or digital identity.
âïž And you? Have you ever used a blockchain-based technology without knowing it? Let us know in the comments!
đ If you want us to explain another term, suggest it! Otherwise, we will continue to educate you, one word at a time, so you understand and invest wisely in crypto.
#crypto #blockchain #cryptocurrency #investment #cryptobeginner #bitcoin #cryptotraining #karnanfr1 #cryptoeducation #technology #finance
