What is a bitcoin blockchain?

A blockchain is a public ledger of all Bitcoin transactions. When new transactions are made, “blocks” of transactions are added to the sequential blockchain. TIP: Blockchain technology at the heart of Bitcoin is common to most cryptocurrencies.

Will cryptocurrencies become a widespread blockchain?

When people buy, exchange or spend cryptocurrency, the transactions are recorded on a blockchain. The more people use cryptocurrency, the more widespread blockchain could become. “Because cryptocurrencies are volatile, they are not yet used much to purchase goods and services.

What is blockchain and why is it important?

Blockchain underpins networks like Bitcoin and Ethereum as well as thousands of applications that have utility and provide value in industries as diverse as finance, fashion, and gaming. With continued innovation, blockchain could very well be a foundational technology in our digital future.

What is a blockchain platform?

A blockchain platform allows users and developers to create novel uses on top of an existing blockchain infrastructure.