layman’s terms what is a blockchain

Last Updated on January 23, 2023 by Paganoto

What is blockchain? | Euromoney Learning

What is blockchain? | Euromoney Learning

Blockchain is a system of recording information in a way that makes it difficult or impossible to change, hack, or cheat the system. A blockchain is essentially a digital ledger of transactions that is duplicated and distributed across the entire network of computer systems on the blockchain.

Blockchain Explained in Layman's Terms – Level Up Coding

Blockchain Explained in Layman's Terms – Level Up Coding

In other words, the blockchain is a shared transaction log with a non-editable history and built-in security. The simplest comparison is to an accounting record …

How Cryptos Work, Explained In Layman'S Terms – CNBCTV18

How Cryptos Work, Explained In Layman'S Terms – CNBCTV18

A blockchain is essentially a digital ledger of transactions that is duplicated and distributed across the entire network of computer systems …

What blockchain is in layman's terms | Tutorials – ihodl.com

What blockchain is in layman's terms | Tutorials – ihodl.com

Blockchain is a distributed database existing on multiple computers at the same time. It is constantly growing as new sets of recordings, or ‘ …

What Is a Blockchain? How Does It Work? – Investopedia

What Is a Blockchain? How Does It Work? – Investopedia

Simply put, a blockchain is a shared database or ledger. Pieces of data are stored in data structures known as blocks, and each node of the network has an exact …

What is blockchain, in layman's terms? – KTAR News

What is blockchain, in layman's terms? – KTAR News

At the core of blockchain technology is a publicly-shared “immutable digital ledger” – meaning that it’s essentially a tamperproof record …

What Is Blockchain Technology? How Does It Work? – Built In

What Is Blockchain Technology? How Does It Work? – Built In

A blockchain is a digital ledger or database where encrypted blocks of digital asset data are stored and chained together, forming a …

Blockchain Explained: A Simple Overview of How It Works

Blockchain Explained: A Simple Overview of How It Works

The term blockchain also refers to how the data is stored in ”blocks” of information and then linked together in a permanent “chain.” When a new …

Blockchain explained… in under 100 words – Deloitte

Blockchain explained… in under 100 words – Deloitte

Imagine a shared computer accessible to anyone, a single source of truth within which to store events, ownership and activities, and to execute workflow …