What is Blockchain?

Blockchain meaning and Blockchain definiton

Developed in the beginning for Bitcoin, blockchain became "a new type of internet" used by the tech community to find other potential uses for the technology. A basic understanding of blockchain is to compare it with a spreadsheet that is duplicated thousands of times across a network of computers. Then imagine that this network is designed to regularly update this spreadsheet. The good part of blockchain is that the database isn't stored in one centralized location, meaning there's no incentive for hackers because everyone has access to information and can verify it.

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