What is blockchain technology?
😋Blockchain is the core technology that supports digital currencies. It is essentially a decentralized distributed ledger. It uses cryptography to ensure that data cannot be tampered with, and each block contains the hash value of the previous block, thus forming a chain structure. Understanding this technology is crucial to understanding the operating mechanism of digital currencies such as Bitcoin and Ethereum.👌
😋Blockchain is the core technology that supports digital currencies. It is essentially a decentralized distributed ledger. It uses cryptography to ensure that data cannot be tampered with, and each block contains the hash value of the previous block, thus forming a chain structure. Understanding this technology is crucial to understanding the operating mechanism of digital currencies such as Bitcoin and Ethereum.👌