EVERYTHING ABOUT BLOCKCHAIN AND DECENTRALIZED FINANCE APPLICATIONS

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blockchain

WHAT IS BLOCKCHAIN?

Blockchain seems complicated, and it definitely can be, but its core concept is really quite simple. A blockchain is a type of database. To be able to understand blockchain, it helps to first understand what a database actually is.

By Luke Conway – November 17, 2020

why blockchain is decentralized

DECENTRALIZATION

For the purpose of understanding blockchain, it is instructive to view it in the context of how it has been implemented by Bitcoin. Like a database, Bitcoin needs a collection of computers to store its blockchain.

By Luke Conway – November 17, 2020

blockchain-secure

IS BLOCKCHAIN SECURE?

Blockchain technology accounts for the issues of security and trust in several ways. First, new blocks are always stored linearly and chronologically. That is, they are always added to the “end” of the blockchain.

By Luke Conway – November 17, 2020

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