A Brief Introduction To Blockchain - For Normal People
Crypto-what? If you've attempted to dive into this mysterious thing called blockchain, you'd be forgiven for recoiling in horror at the sheer opaqueness of the technical jargon that is often used to frame it. So before we get into what a crytpocurrency is and how blockchain technology might change the world, let's discuss what blockchain actually is. In the simplest terms, a blockchain is a digital ledger of transactions, not unlike the ledgers we have been using for hundreds of years to record sales and purchases. https://rainmakrr.com/ The function of this digital ledger is, in fact, pretty much identical to a traditional ledger in that it records debits and credits between people. https://www.vitamartshop.com/ That is the core concept behind blockchain; the difference is who holds the ledger and who verifies the transactions. With traditional transactions, a payment from one person to another involves some kind of intermediary to facilitate the transaction. Let'