Understanding Blockchain: A Comprehensive Guide | by PRASIT | The Capital | Dec, 2024

Blockchain technology has been a buzzword in the tech world, and for good reason.

It is a revolutionary way to store and share data securely and transparently.

In this blog post, we’ll dive deep into the concept of blockchain, breaking it down into simple terms and examples so you can explain this life-changing technology to your friends and family.

Table of Contents

At its core, a blockchain is a decentralized ledger of transactions.

Think of it as a digital record book that keeps track of transactions across many computers.

This decentralization means that no single entity has control over the entire network, making it much harder for anyone to manipulate the data.