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What is blockchain?

Blockchain is the underlying technology that powers most cryptocurrencies. It can be thought of as a shared digital record book that keeps track of transactions over time. Every transaction is recorded and added in order, creating a transparent and traceable history.

What makes blockchain unique is how it is maintained. Instead of being stored on a single server, the record is shared across many computers around the world. No single organization owns or controls the data. Once information is added, it is difficult to change without agreement from the network.

Transactions are grouped into blocks, and each block is linked to the previous one, forming a chain. This structure helps make blockchain systems resistant to tampering and increases trust among participants.