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Tyson Chem
@degenbase
Quick Dive into Blockchain 🔗 1/ Blockchain: A secure, decentralized database that records transactions across many computers. 2/ Decentralization: No single authority; ensures transparency and security. 3/ Transactions: Grouped in blocks, cryptographically secured, and added to the chain. Will cont..
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Tyson Chem
@degenbase
4/ Security: Altering one block would require changing all following blocks, making fraud nearly impossible. #SecureTech 5/ Uses: Beyond Bitcoin, it’s reshaping supply chains, voting, and more. #BlockchainUses 6/ Smart Contracts: Code that executes agreements automatically, cutting out middlemen. #SmartContracts
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