What is a Blockchain and how does it work? | Blockchain Explained





▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io

What is blockchain? In this video, you will understand what blockchain is and how the technology works.

Blockchains are a series of transactions that are grouped into blocks. These Blocks are presently linked together through encryption, which stores the data securely and prevents someone from changing the history.

A significant advantage is that no single person or entity owns a public blockchain.
Because it’s public, this distributed ledger forms an international network that enables people to record transactions to the database for all types of things.

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▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io



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