What is the distributed database that supports cryptocurrency technology by ensuring the transparency and security of transactions?
Blockchain
Blockchain is a distributed ledger technology that was popularized by Bitcoin, the first decentralized cryptocurrency launched in 2009. It allows for a transparent and unalterable history of all transactions without the intervention of a central authority, offering a new level of security and trust. Beyond cryptocurrencies, blockchain finds applications in various fields, such as supply chain, electronic voting, and copyright management. This revolutionary technology continues to drive innovation, promising to reshape many aspects of our society by enhancing the security, transparency, and reliability of digital exchanges.
