Block chain, blockchain

Block chain, blockchain

 

The Bitcoin blockchain is a public record of all Bitcoin transactions. You might also hear the term “public ledger” to describe it. The block chain shows every single record of bitcoin transactions in order, dating back to the very first one. The entire block chain can be downloaded and openly reviewed by anyone, or you can use a block explorer to review the block chain online.

    • Related Articles

    • Ethereum (ETH)

      ETH or Ethereum is an open software platform based on blockchain technology that enables developers to build and deploy decentralized applications. Like Bitcoin, Ethereum is a distributed public blockchain network. the Ethereum blockchain focuses on ...
    • Hash

      A hash is a mathematical function that generates unique identifiers needed to solve blockchain computations and secure the network.
    • Ledger

      A physical or electronic log book containing a list of transactions and balances typically involving financial accounts. The Bitcoin blockchain is the first distributed, decentralized, public ledger.
    • Transaction ID (TXID)

      A Transaction ID or TXID is an identification number for a cryptocurrency transaction, such as Bitcoin (BTC), Ethereum (ETH), Tether (USDT), or USD Coin (USDC). It is an alphanumeric string that uniquely labels each transaction within the respective ...
    • Transaction

      A transaction is an entry in the blockchain that describes a transfer of Bitcoin from one address to another. A transaction occurs when data is sent to and from one Bitcoin address to another. Just like when you send money from one person to another ...