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Blockchain 101, Blockchain For Beginners


Blockchain Today helps You to discover everything about blockchain, the revolutionary technology due to which there appeared many innovations and peer to peer financial communications became real. Through many years, the network developed a lot, new types were created (private and public), new applications and protocols produced.

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Blockchain. What is it and what it will bring

Blockchain. What is it and what it will bring

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Introduction to blockchain In 2008, Satoshi Nakamoto (still unknown it is one person or a group of people) introduced the concept of the blockchain, which in 2009 was implemented through Bitcoin - the first cryptocurrency. The blockchain is a chain of blocks, an endless list in which information...

At the end of the 20th century, economists and researches had already created the term and concept of what we now call blockchain. But it became popular only after the global crisis when the Japanese programmer Satoshi Nakamoto (his identity has not yet been revealed) published Its description and technological solution.

So what is the essence of this technology? It helps to automate transfers where there are no intermediaries: banks, bankers, “trusted” third parties. It’s considered one of the most convincing for solving problems with corruption. All transaction information is hashed, and each block’s data is attached to the previous one. Thus, to change any record, it’s necessary to change all previous block’s information (which is practically impossible).

Here, by using easy words and concepts, we are trying to explain all the complex terms, how everything works, and help you deal with all the nuances of this topic. Therefore, add BlockchainTD.com to your browser, leave us your e-mail, so that we will notify you about the latest updates and subscribe to our pages in social networks.