Don't let technical jargon scare you. The essence of Blockchain is much simpler than you think. It is a Public Ledger that no one can erase.
🔸 The Core Difference:
Traditional Database like writing with a pencil. The Admin can delete rows or change numbers whenever they want. You have to trust they won't cheat.
Blockchain like carving into stone. Once a transaction is recorded and sealed in a Block, it is there forever. No one, not even the creator, can edit or delete it.
🔸 The Trust Machine:
Previously, for two strangers to transact, they needed a trusted middleman to verify.
Blockchain removes that middleman. A network of thousands of computers verifies the transaction based on algorithms.
If one person tries to cheat and alter data, the thousands of other computers will reject it immediately.
🔹 Blockchain is not just the tech behind Bitcoin. It is a shift from Do not be evil to Can notbe evil .
Do you prefer trading on a system that can fix mistakes or a harsh but absolutely honest system?
News is for reference, not investment advice. Please read carefully before making a decision.
