The Blockchain

The Blockchain Technology

A blockchain is a public ledger of all Bitcoin transactions which have ever been executed. It’s consistently growing as ‘accomplished’ blocks are added to it with a brand new set of recordings. The blocks are added to the blockchain in a linear, chronological order. Every node* will get a duplicate of the blockchain, which will…

What is Bitcoin?

Bitcoin is each a cryptocurrency and an digital payment system invented by an unidentified programmer, or group of programmers, under the identify of Satoshi Nakamoto. Bitcoin was launched on 31 October 2008 to a cryptography mailing list, and launched as open-source software program in 2009. The id of Nakamoto stays unknown, although many have claimed…