Difference between revisions of "Future of Blockchain"
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| − | + | It is the technology that underlies cryptocurrencies like Bitcoin.<ref>"What Is Bitcoin? How to Mine, Buy and Use it." https://www.investopedia.com/terms/b/bitcoin.asp</ref> | |
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| + | In a blockchain, transactions are recorded in blocks, which are linked together in a chain. Each block contains a list of transactions and a reference to the previous block, creating a chain of blocks. The blocks in a blockchain are secured through cryptography, making them resistant to tampering. | ||
Cryptocurrency is a digital or virtual currency that uses blockchain technology for secure and decentralized transactions. Bitcoin is the first and most well-known cryptocurrency, but there are now thousands of different types of cryptocurrencies. These digital currencies can be bought and sold on digital currency exchanges and used to purchase goods and services. | Cryptocurrency is a digital or virtual currency that uses blockchain technology for secure and decentralized transactions. Bitcoin is the first and most well-known cryptocurrency, but there are now thousands of different types of cryptocurrencies. These digital currencies can be bought and sold on digital currency exchanges and used to purchase goods and services. | ||
Revision as of 15:48, 27 January 2023
Blockchain & Crypto Use Case Ethics.
Blockchain is a digital ledger technology that allows for secure and transparent record-keeping.
It is the technology that underlies cryptocurrencies like Bitcoin.[2]
In a blockchain, transactions are recorded in blocks, which are linked together in a chain. Each block contains a list of transactions and a reference to the previous block, creating a chain of blocks. The blocks in a blockchain are secured through cryptography, making them resistant to tampering.
Cryptocurrency is a digital or virtual currency that uses blockchain technology for secure and decentralized transactions. Bitcoin is the first and most well-known cryptocurrency, but there are now thousands of different types of cryptocurrencies. These digital currencies can be bought and sold on digital currency exchanges and used to purchase goods and services.
References:
Blockchain: https://en.wikipedia.org/wiki/Blockchain Cryptocurrency: https://en.wikipedia.org/wiki/Cryptocurrency
Bitcoin: https://en.wikipedia.org/wiki/Bitcoin- ↑ lastname, firstname · (2017-01-01) · The Truth About Blockchain · Harvard Business Review · 01-27-2023
- ↑ "What Is Bitcoin? How to Mine, Buy and Use it." https://www.investopedia.com/terms/b/bitcoin.asp
