Blockchain

Blockchain is a distributed ledger technology that records transactions in linked blocks across a network of computers. It is designed to be tamper-resistant and transparent and underpins cryptocurrency.

Public blockchains use consensus mechanisms to validate transactions without a central authority. They underpin cryptocurrencies and other decentralized applications.

Related Terms

Cryptocurrency

Cryptocurrency is a digital or virtual currency that uses cryptography for security and operates on ...

Stablecoin

A stablecoin is a type of cryptocurrency designed to maintain a stable value by pegging it to a rese...

Smart Contract

A smart contract is self-executing code stored on a blockchain that runs when predefined conditions ...

DeFi

Decentralized Finance

DeFi refers to financial services built on public blockchains using smart contracts. It enables lend...

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