September 2018

Forget Bitcoin, Blockchain is the Future

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Cryptocurrencies of all types make use of distributed ledger technology known as blockchain. Blockchains act as decentralized systems for recording and documenting transactions that take place involving a particular digital currency. Put simply, blockchain is a transaction ledger that maintains identical copies across each member computer within a network. The fact that the ledger is distributed across each part of the network helps to facilitate the security of the blockchain. While Bitcoin and other… Read More »Forget Bitcoin, Blockchain is the Future

How Blockchain Technology Works. A Guide for Beginners

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Nearly everyone has heard of Blockchain and that it is cool. But not everybody understands how it works. This article shows that Blockchain certainly isn’t magic. Here’s the TLDR version, for those in a hurry: A block is record of a new transactions. When a block is completed, it’s added to the chain. Bitcoin owners have the private password (a complex key) to an address on the chain, which is where their… Read More »How Blockchain Technology Works. A Guide for Beginners