Blockchain
From ACT Wiki
1.
A distributed, secure database of transactions, also known as 'distributed ledger technology'.
2.
A database using distributed ledger technology (blockchain) which can be used for cryptocurrency transactions.
Blockchain defined
- "At its heart, blockchain is a relatively straightforward concept. It is a ledger of blocks of information, such as transactions or agreements, that are stored across a network of computers.
This information is stored chronologically, can be viewed by a community of users, and is not usually managed by a central authority such as a bank or a government. Once published, the information in a certain block can't be changed. If people try to tamper with that information, it becomes obvious."
- Complements of the BBC: https://www.bbc.com/news/business-45919700
- Cryptocurrencies such as Bitcoin may require blockchain technology but the use of blockchain does not require the involvement of Bitcoin.
See also
