Blockchain Cryptocurrency Technology at Breaking News

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Blockchain Cryptocurrency Technology, Cryptocurrencies are digital, but the technology makes them impossible to counterfeit. While this technology has many applications beyond digital currencies, it’s the potential for cryptocurrency to revolutionize global finance that has made blockchain one of the hottest topics in technology today. Blockchain is a shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network.

Cryptocurrency, Blockchain Technology Stock Illustration
Cryptocurrency, Blockchain Technology Stock Illustration from www.dreamstime.com

Bitcoin is a cryptocurrency, which is an application of blockchain, whereas blockchain is simply an underlying technology behind bitcoin that is implemented through various channels. Blockchain technology is the concept or protocol behind the running of the blockchain. The decentralized digital cryptocurrency and its underlying “blockchain ” technology has.

Cryptocurrency, Blockchain Technology Stock Illustration from Nice Breaking News

The blockchain is an immutable (unchangeable, meaning a transaction or file. Blockchain technology is the underlying technology for crypto but it has many use cases apart from crypto too, where it can be used to. So if you are working on blockchain and learning blockchain, then you are not actually learning cryptocurrency but learning how cryptocurrency works. Blockchain security has become a controversial topic in the crypto space due to the large amount of malicious attacks that have recently taken place. From black & white television to led screens, from transferring money via cheque to do a quick transfer via a mobile app.