What is Blockchain Continued/Concluded

Everyone has heard the word ‘Bitcoin’ by now. It is the most famous cryptocurrency that has ever been in the market. Historically, it was the first use of blockchain technology, to create monetary value on a digital platform.

There are no physical banknotes or coins for the currency. So, how did this come to be and how does it work?

We will talk about blockchain and how it brought the currency to life. This is just an introduction to familiarize you with the concept of a ledger, blockchain and a little about bitcoin. How do they all relate?

Now that we know how blockchain technology works and how the distributed ledger works, it will be easy to understand how bitcoin works.