Crypto Markets Are Green Across the Board as Bitcoin Crosses $12,000

Crypto Markets Are Green Across the Board as Bitcoin Crosses $12,000

The most basic definition of blockchain is a shared, digitized ledger that cannot be changed once a transaction has been recorded and verified. All parties to the transaction, as well as a significant number of 3rd parties maintain a copy of the ledger (i.e. the blockchain), which means it would be practically impossible to amend every copy of the ledger globally to fake a transaction.
Bitcoin’s success has triggered the establishment of nearly 1000 new cryptocurrencies, leading to the delusion that the only application of blockchain technology is for the creation of cryptocurrency.
However, the blockchain technology is capable of a lot more than just cryptocurrency creation and may support such things as transactions that require personal identification, peer review, elections and other types of democratic decision-making and audit trails.

8 Comments on "Crypto Markets Are Green Across the Board as Bitcoin Crosses $12,000"

    Just wish to say your article is as surprising. The clearness on your post is simply spectacular and
    i can assume you are an expert in this subject. Well along with your permission allow me to seize your RSS feed to keep up to date with drawing close post.
    Thank you one million and please carry on the enjoyable work.

Leave a Reply

Your email address will not be published. Required fields are marked *


*