Blockchain is a revolutionary technology that enables decentralized, transparent, and secure storage and transmission of information. Think of it as a comprehensive public ledger that records the complete history of all transactions made.
What sets blockchain apart from traditional databases is its decentralized structure: it operates without a central authority or intermediary. Each transaction added to the blockchain is verified by a network of computers, called "nodes", before being recorded.
The distributed nature of blockchain means that the information is stored across multiple computers worldwide, making its tampering extremely difficult. Each block added to the chain contains a record of the transaction and a cryptographic link to the previous block, thus forming a continuous and unalterable chain.
Transparency is another major advantage. Any user can access the complete transaction history and verify the validity of exchanges. This transparency, combined with its enhanced security, makes blockchain a favored technology in many fields, not only in crypto-assets.
It's essential to note that not all crypto-asset projects necessarily rely on a distributed blockchain. Therefore, it's recommended to research the underlying technology of each project before investing in it.