Blog categorized as Blockchain

Any Blockchain can be seen as a single digital ledger where all the transactions within a cryptocurrency ecosystem are recorded. The system so built, adds the new records in chronological order and is open for public to see live.

Non-Fungible Token, Non-fungible, means these are unique and can not be replaced with anything. However, coins are fungible which means who can trade one for another and can have the same thing.

Any Blockchain can be seen as a single digital ledger where all the transactions within a cryptocurrency ecosystem are recorded. The system so built, adds the new records in chronological order and is open for public to see live.

A blockchain is a type of database. These large databases are hosted on big servers with greater computational power and storage capabilities for many users to access the information simultaneously

Cryptocurrency, bitcoin, block chain these are the words that we see and hear trending in the news these days. But what is block chain, is it safe? If the government is using this technology, why do they continue to call digital currency unreliable?