What Is Blockchain? Blockchain is a digitized , decentralized and public ledger of all financial transactions and it also recording the history of transactions. Blockchain provides a protocol for building a public, replicated and distributed ledger network of all transactions. Each participant in this blockchain network maintains their own copy of that database , or collection of organized information. Blockchain is mostly known for the first technology it enabled, the Bitcoin , which Satoshi Nakamoto first described in a paper in 2008 . Blockchain is the technology that runs cryptocurrency Bitcoin . Blockchain very first and most famous application is Bitcoin , a peer-to-peer ( P2P ) digital currency for the modern, digital age. This was created by Satoshi Nakamoto. Blockchain is actually a way to structure data and the f...
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