What is the main purpose of a block chain?

What is the main purpose of a block chain?

This collection explores the main purpose of blockchain technology, highlighting its role in creating secure, transparent, and decentralized digital systems. It covers how blockchains record and verify transactions, prevent tampering, and support applications like cryptocurrencies, smart contracts, and decentralized finance, showcasing their impact on digital trust and innovation.

31 articles
Bitcoin vs Ethereum: Differences, Use Cases, and Which is Best? Bitcoin vs Ethereum: Differences, Use Cases, and Which is Best?
Do you know the real differences between the two biggest and most popular cryptocurrencies? Bitcoin vs Ethereum has been a hot topic for years, as these two cryptocurrencies are the pillars of the blockchain industry.
2025-09-05 13:42
How to Buy Filecoin (FIL): A Beginner’s Guide How to Buy Filecoin (FIL): A Beginner’s Guide
Filecoin (FIL) is fundamentally a decentralized storage network presenting a substitute to the conventional cloud storage. Filecoin blockchain employs the InterPlanetary File System (IPFS) to establish a network wherein individuals possessing additional s
2025-09-05 13:42
How to Buy Bitcoin Cash (BCH): A 2025 Guide How to Buy Bitcoin Cash (BCH): A 2025 Guide
Bitcoin Cash (BCH) came about in August 2017 after a hard fork and a split in the Bitcoin blockchain. Bitcoin Cash is a direct result of the constant debates and many opinions about the future of Bitcoin’s scalability and mass adoption. In this 2025 updat
2025-09-05 13:42
Crypto Jobs Guide: How to Land Web3 Job in 2025 Crypto Jobs Guide: How to Land Web3 Job in 2025
You think “crypto jobs,” “how to land a job in crypto,” or “blockchain career” are just buzzwords? Think again. In 2025, crypto jobs have become the front‑row seat on the future of work, where blockchain technology meets crypto industry muscle, and career
2025-09-05 13:42
How to Buy NEM (XEM) – A Beginner’s Guide How to Buy NEM (XEM) – A Beginner’s Guide
NEM is a blockchain protocol launched in Singapore back in 2015 that aimed to create a fast, scalable, and user-friendly payment solution. While development on its successor, Symbol (XYM), has since taken the spotlight, XEM still remains an active cryptoc
2025-09-05 13:42
How to Buy Cosmos (ATOM): A Beginner’s Guide How to Buy Cosmos (ATOM): A Beginner’s Guide
Cosmos, often called the “Internet of Blockchains,” is a decentralized network built for interoperability among different blockchain ecosystems. By enabling the exchange of data and communication between independent blockchains, Cosmos hopes to address tw
2025-09-05 11:59
What Are Satoshis? Your Guide to Bitcoin’s Smallest Unit What Are Satoshis? Your Guide to Bitcoin’s Smallest Unit
Satoshis (SATS) make Bitcoin accessible and versatile for everyone, from beginners to stock traders. Named after Bitcoin’s creator, Satoshi Nakamoto, SATS allow affordable investments and everyday transactions, opening doors to crypto trading and blockcha
2025-09-05 10:55
How to Mine Bitcoin at Home in 2025 - Crypto and BTC Mining Guide How to Mine Bitcoin at Home in 2025 - Crypto and BTC Mining Guide
Bitcoin mining is the process by which powerful computers solve complex cryptographic puzzles to add new transaction blocks to the Bitcoin blockchain. Successful miners are rewarded with newly minted bitcoin (the block reward) plus any fees in the block.
2025-09-05 10:05
How to enter a new chain How to enter a new chain
This guide will show you the best practices when entering a blockchain for the first time.
2025-09-03 17:46
How do Bitcoin transactions work? How do Bitcoin transactions work?
Understand how the Bitcoin public blockchain tracks ownership over time. Get clarity on key terms like public & private keys, transaction inputs & outputs, confirmation times, and more.
2025-09-03 17:05
What are Bitcoin Layer-2 Solutions What are Bitcoin Layer-2 Solutions
Bitcoin Layer Two solutions are secondary protocols built on top of the main Bitcoin blockchain. Their purpose is to address scalability issues, improve transaction speeds, and reduce fees. Some L2s also introduce smart contract capabilities, expanding Bi
2025-09-03 17:05
What is Bitcoin Gambling? What is Bitcoin Gambling?
Explore the world of Bitcoin gambling, where blockchain technology offers a decentralized, transparent, and secure gambling experience. Learn about the benefits, process, and platforms for Bitcoin gambling, along with key considerations for privacy, trans
2025-09-03 17:06
What are sidechains? What are sidechains?
In the most general sense, a sidechain can be described as a blockchain that can interact with another blockchain. There are two basic types of sidechains, those with two independent blockchains, and those where one blockchain is dependent on the other.
2025-09-03 16:33
How does governance work in Ethereum?
Why is governance needed, Ethereum governance in practice, the difficulty of achieving consensus in a decentralized system, the concept of credible neutrality, the blockchain trilemma, and criticism of Ethereum's level of decentralization.
2025-09-03 16:33
What is Restaking What is Restaking
Explore restaking, an innovative mechanism allowing validators to utilize their staked cryptocurrency across multiple protocols simultaneously, boosting rewards, security, and scalability within the blockchain ecosystem. Learn about its connection to stak
2025-09-03 16:33
What is DeFi? What is DeFi?
Decentralized finance, or DeFi, is a catch-all term for financial products that live on decentralized blockchain-supported protocols like Ethereum. The basic idea of DeFi is to rely on smart contracts to automate financial products. The most widely used D
2025-09-03 16:33
What is ETH gas and how do fees work in Ethereum? What is ETH gas and how do fees work in Ethereum?
Making transactions on the Ethereum network incurs fees that are paid to validators, who are participants in the network responsible for processing transactions, proposing new blocks, and ensuring the security and accuracy of the blockchain in a Proof of
2025-09-03 16:33
What is a cryptocurrency transaction blockchain confirmation? What is a cryptocurrency transaction blockchain confirmation?
Find out about blockchain confirmations, why they are important, and more.
2025-09-03 16:33
Web3 Identity: All You Need to Know About the Next Big Leap in Blockchain Security Web3 Identity: All You Need to Know About the Next Big Leap in Blockchain Security
Web3 technologies are reshaping how we interact online. At the heart of this transformation lies a critical component: d
2025-08-29 14:42
What Is DeSci: How Blockchain Is Revolutionizing Scientific Research What Is DeSci: How Blockchain Is Revolutionizing Scientific Research
Decentralized Science, commonly known as DeSci, represents one of the most promising intersections of blockchain technol
2025-08-29 14:42