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Welcome to the blockchain wiki!
Table of Contents:
- What is Blockchain?
- Comparison of smart-contract platforms
- Selected smart-contract platform
- Ideas for smart contacts
- ...
a) What is Blockchain:
(short)
A blockchain is a continuously growing list of records, called blocks, which are linked and secured using cryptography.
(longer)
It is "an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way". For use as a distributed ledger, a blockchain is typically managed by a peer-to-peer network collectively adhering to a protocol for validating new blocks. Once recorded, the data in any given block cannot be altered retroactively without the alteration of all subsequent blocks, which requires collusion of the network majority.
Source: https://en.wikipedia.org/wiki/Blockchain
b) How Blockchain works:
Simple
Source: https://bitsapphire.com/wp-content/uploads/2017/01/Blockchain-industry-innovation-or-overhyped.png
In Detail:
