What Is Blockchain Technology? How Does It Work?
Blockchain is the underlying technology behind cryptocurrencies such as Bitcoin and Ethereum. When people purchase, exchange, or spend any of these cryptocurrencies, those transactions are recorded on the blockchain.
Blockchain technology distributes identical copies of a database across an entire network, thus making it very difficult to hack or cheat the system. This means that a blockchain can record information about all cryptocurrency transactions, NFT ownership, or Defi smart contracts. T