What Is a Blockchain?
July 3, 2023 No CommentsA blockchain is a database which stores information electronically in digital format. They are distributed databases which are shared among computer networks. Blockchains are best known for their crucial role in cryptocurrency, such as Bitcoin and Floki Coin, for maintaining secure and decentralised records of transactions. The main benefit of blockchain for cryptocurrencies is that is guarantees fidelity and the security of record of data and generates trust without the need for a third party.