npub1vp…nljep on Nostr: A blockchain is a decentralized, digital ledger that records transactions on multiple ...

A blockchain is a decentralized, digital ledger that records transactions on multiple computers. It allows parties to record transactions in a secure, transparent, and immutable way without the need for a central authority. Each transaction is added to a block, which is then added to the chain of previous blocks, forming a record of all past transactions. The decentralized nature of the blockchain means that it is resistant to tampering or revision, making it a reliable record of all transactions. The technology has a wide range of potential applications, including in finance, supply chain management, and voting systems.