Green traps are so-called cheats – Saturn, a person or group called Satoshi Nakamoto. But as it grows, the most important question everyone asks is what is a blockchain?
Blockchain technology or the new internet?
By allowing the distribution of digital information without copying, blockchain technology has created the core of a new type of Internet. Originally designed for digital currencies, Bitcoin blockchain researchers (Buy Bitcoin) have identified other potential uses of the technology.
In this guide, we explain what blockchain technology is, what its components are and what makes it unique. So we hope you enjoy this Blockchain guide. But if you already know what a blockchain is and you want to become a blockchain developer, check out your blockchain tutorial and create your first blockchain.
Blockchain, in its simplest form, is a text-based system that converts data from a single set of unorganized computers. All this data (ie blockchain) is stored and linked according to the principles of cryptography (translation).
So what’s so special about it and why do we say it could harm the industry?
The blockchain network does not have the main power – it is the definition of a democratic system. As the contract document is in accordance, the information in it is accessible to everyone and everyone has seen it. Therefore, everything that is built into the blockchain explains itself and affects everyone involved.