What is Blockchain?
Cryptocurrencies’ essential underpinning architecture is comprised of Blockchain. A common feature of these distributed ledgers is the sequential updating of a cryptographically secure, verifiable transaction record by a network of peers acting under a set of rules imposed by the software itself. This record is publicly held and can be used by anyone, anywhere.
Despite years of study on shared ledger technology, the Bitcoin blockchain provided the first distributed ledger completely decentralized and immune to interference, seizure, and censorship.
At CryptoAnnals, we track the development of the blockchain sector. Is it a revolution, or is it just hype? the two? Will it lead to a secure future for global trade and finance? What percentage of transactions on the blockchain will there be in the upcoming years?