A guide to help you understand what blockchain is and how it can be used by industries.
 | | Blockchain | If you have been following banking, investing, or cryptocurrency over the last ten years, you may be familiar with "blockchain," the record-keeping technology behind bitcoin. And there's a good chance that it only makes so much sense. In trying to learn more about blockchain, you've probably encountered a definition like this: "blockchain is a distributed, decentralized, public ledger."
The good news is, blockchain is actually easier to understand than that definition sounds. | | Read More » | | Proof of Work | | Proof of work describes the process that allows the bitcoin network to remain robust by making the process of mining, or recording transactions, difficult. | | Read More » | | | Public Key | | A public key is a cryptographic code that allows a user to receive cryptocurrencies into his or her account. | | Read More » | | | 51% Attack | | 51% attack refers to an attack on a blockchain by a group of miners controlling more than 50% of the network's mining hashrate, or computing power. | | Read More » | | | Smart Contracts | | Smart contracts are self-executing contracts with the terms of the contract between buyer and seller directly written into lines of code. | | Read More » | | | | | | CONNECT WITH INVESTOPEDIA | | | | | | | |
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