What exactly is blockchain?

[Smiles20]

Blockchain is a type of technology and a ledger system in which all the transactions and interactions with the technology is written down so many times. This makes it very hard for somebody to corrupt it as it is very transparent.

 

[Good-Person]

Blockchain is a digital technology that is used to trace the transactions of cryptocurrencies, as far as I know. I am not a cryptocurrency expert, but I think blockchain is a very efficient development in the human history that has helped people a lot. Blockchain is developing every year and this is a good news for cryptocurrency enthusiasts.

 

[Sincerem]

Yes! The. Blockchain network or system as adopted by the crypto currency exchange market serves as a ledger for storing information as pertaining the crypto currency and it can also be altered.

 

[Ononivami]

The blockchain is a decentralised platform where cryptocurrency transactions are recorded as an open ledger that is accessible by all investors on the block network.