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Chapter 01) What is Cryptocurrency?
Chapter 02) Blockchain Technology Explained
Chapter 03) Different Types of Cryptocurrencies (Bitcoin, Altcoins, Stablecoins)
Blockchain 101: Unravelling the Block-Chain
Chapter 02) Blockchain Technology Explained. Unravelling the blockchain with Laurie Suarez. Blockchain. It sounds complicated, but it's actually a clever way of storing information securely. Here's how it works: Imagine a digital record book: Think of a Google Doc, but shared and constantly updated across a network of computers. This record book is the blockchain. Information chunked up: Data is bundled into "blocks," like pages in the record book. Each block holds transaction details (who sent what to whom). The chain link: Here's the magic. Each block is linked to the one before it, creating a chronological chain. It's like each page referencing the previous one, making it tamper-proof. Cryptographic lock: To alter a past record, you'd have to change every block after it - nearly impossible! Strong encryption secures each block, like a digital lock on each page. Who maintains it? No single person controls the blockchain. It's a distri...
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