Login All news Marketcap Crypto Glossary Exchange Crypto meme
2022 ADV Europe, s.r.o. All Rights Reserved.
Back to all glossary


“The Blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.”
Don & Alex Tapscott, authors Blockchain Revolution (2016)

To put it in an even more simple way, blockchain is like a distributed database, with copies of itself being hosted on a large amount of computers (millions of them) … and this database is continuously reconciled. As you can imagine, it's virtually impossible to make a change simultaneously to all of the copies at the same time, that's why it's pretty much impossible to hack a blockchain … at least with current technology.

For the sake of easy understanding, let's say that every Crypto Currency “runs” on it's own Block Chain OR uses the Block Chain of some other Crypto Currency, that is designed for such purposes.

Top Gainer24h
Top Looser24h
Crypto Glossary
Buy The Fucking Dip ... one of the strategies used by crypto traders is to…
Fear, Uncertainty, and Doubt. Contrary to FOMO, which pulls the interest of…
Software wallet
Storage for crypto-currency that exists purely as software files on a compu…
Great. First of all, please join us!
To customize your feed you must log in first. Allthecryptonews is a community to share and geek out about the latest news in cryptocurencie, ICO’s and so on. Join us.
We'll never post to any of your accounts without your permission.