In 2017, a new form of currency and heated topic came to light, Bitcoin. Soon after its emergence, Bitcoin turned into the most invested in and discussed topic. It was considered to be a future form of digital currency. Investors and debaters understood the basics of how Bitcoin operated, however, the system behind Bitcoin was unclear. Bitcoin, alike many other cryptocurrencies, uses a system called Blockchain. What is Blockchain? How does Blockchain play a role in cryptocurrency?
According to Bitcoin.org, “The block chain is a shared public ledger on which the entire Bitcoin network relies.” For example, imagine an iron chain full of square blocks, each block is bind by a transaction between two parties.… Read the rest