An easy-to-understand explanation of blockchain

What kind of technology is blockchain? This is an issue that many netizens are concerned about. Next, the editor of PHP will bring you an easy-to-understand explanation of blockchain. Interested netizens should follow the editor to have a look!

Easy explanation of blockchain

1. Blockchain isa decentralized and distributed ledger technology, is regarded as a revolutionary innovation in the digital age.

2. It is essentially a growing record book containing transaction data stored in chronological order.

3. Unlike traditional centralized systems, blockchain does not rely on a single entity to maintain records, but distributes data across multiple computers on the network.

4. This distributed architecture provides data with a high degree of security, transparency and non-tamperability.

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