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Introducing Blockchain

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IN THIS CHAPTER

Discovering the new world of blockchains

Understanding why blockchains matter

Identifying the three types of blockchains

Deepening your knowledge of how blockchains work

Originally, blockchain was just the computer science term for how to structure and share data. Today, blockchains are hailed as the “fifth evolution” of computing.

Blockchains are a novel approach to the distributed database. The innovation comes from incorporating old technology in new ways. You can think of blockchains as distributed databases that a group of individuals control and that store and share information.

Many different types of blockchains and blockchain applications exist. Blockchain is an all-encompassing technology that is integrating across platforms and hardware all over the world.

Cryptocurrency All-in-One For Dummies

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