So, what is a blockchain? It’s a complicated question because the inventor of Bitcoin, the pseudonymous Satoshi Nakamoto, didn’t use the term in the original Bitcoin paper. For many, “the blockchain” is nothing more than a shorthand for “how Bitcoin works.” But more usefully, the blockchain is a distributed ledger, shared by untrusted participants, with strong guarantees about accuracy and consistency. What does that mean? Let’s unpack it term by term …
great post! I read your blog frequently and your always coming out with great stuff!
I will share this on my twitter, and like usual
im positive my followers will love it! Thanks!
🙂