What is a Blockchain - Coinbase Crypto University
Blockchain technology is the backbone of cryptocurrency, but what exactly is a blockchain, and how does it work? In this video, we'll explain the basics of blockchain technology in a way that's easy to understand for beginners. We'll start by defining a blockchain, a digital ledger of transactions that is open for anyone to view and verify, and how cryptocurrencies, like Bitcoin and Ethereum, are powered by blockchain technology. Lastly, we'll navigate through the specifics of how blockchains work, highlighting the role of decentralized peer-to-peer computers within a blockchain network.
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This content is being provided to you for informational purposes only. Nothing discussed in this video is intended to be investment advice. This content, and any information contained therein, does not constitute a recommendation by Coinbase to buy, sell or hold any security, financial product or instrument referenced in the content.
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