Blockchain

Crypto Glossary

With hundreds of new crypto-related terms coined regularly, it’s o.k. if something has you stumped. Let our crypto glossary help clear up your crypto confusion!

BLOCKCHAIN

Think of blockchain as a digital ledger that records transactions in a transparent, tamper-proof way. It’s a chain of transaction blocks linked chronologically.

The awesome innovation of blockchain is its decentralized design. This makes it super resilient against hacking or fraud.

Once something is added to the blockchain, it’s there permanently as part of the historical record. No erasing the past!

In a nutshell, a blockchain is a decentralized, fraud-resistant ledger that immutably archives network activity through distributed consensus.

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