🧠 Blockchain 101: Why This Isn't Magic—It's Math
People say "blockchain" and think Bitcoin and wealth. Actually, blockchain is closer to... a transparent ledger.
Imagine this:
• You record a transaction (Ivan sends Maria 1 BTC)
• Thousands of computers verify that Ivan actually has 1 BTC
• When everyone agrees, the transaction enters a "block"
• That block links to the previous block → "chain" = blockchain
• If someone tries to change an old transaction, all blocks after it break → corruption detected!
💡 THE KEY: No single authority (bank, government) can manipulate history because thousands of computers must agree.
🎯 Real-world comparison:
- Traditional bank: You → Bank → Other bank → 2-3 days
- Blockchain: You → Network verifies → ~10 minutes (for Bitcoin)
⚠️ Note:
Blockchain is transparent, but transactions are pseudo-anonymous (you see addresses, but not who's behind them).
#Blockchain #Bitcoin #Education #CryptoBasics #BlockchainTechnology
