What is blockchain

Technology of reliable distributed storage of records of all transactions

Blockchain is a chain of data blocks, the volume of which is constantly growing as miners add new blocks with records of the most recent transactions. Blocks are written to the blockchain in a linear sequential chronological order.

Blockchain is the basis for contracts, financial services, crowdfunding, smart assets, smart contracts, a new highly efficient model for organizing activities, a path to artificial intelligence.


Sidnarg

1 Blog snips

Comments