This website uses cookies for functionality, analytics and advertising purposes as described in our Privacy Policy. If you agree to our use of cookies, please continue to use our site.
Now LIVE: Our 2022 Annual Crypto Report 📊 – Get a full overview & analysis of last year’s trends, across Bitcoin, Ethereum, DeFi, NFT, Exchanges & more!
EN
Language
EnglishDeutschEspañolFrançaisItalianojęzyk polskiLimba românăMagyar nyelvNederlandsPortuguêsSvenskaTiếng việt
A digital ledger where data is recorded in a chronological order. In Bitcoin's case, it is a decentralized, public ledger which contains transactional information. Users can verify that transactions have occured simply by looking at the data that is publicized on the Bitcoin network.
In a blockchain, the next piece of information that will be added is always linked to a previous, already confirmed information of the blockchain through the use of a hash which describes the past content. With the hash, every block of information in a blockchain becomes referenced with one another, and cannot be easily swapped out, thereby qualifying as an immutable ledger.