Think of blockchain like a digital record book ๐ Every transaction is recorded in a โblock.โ When a block is filled, it gets connected to the previous block โ creating a chain of blocks. โ๏ธ Thatโs where the name comes from: BLOCK + CHAIN = BLOCKCHAIN But hereโs what makes it powerful ๐ ๐น The record is distributed across many computers ๐น Transactions can be verified by the network ๐น Changing an old record is extremely difficult ๐น No single person needs to control the entire system Bitcoin uses blockchain to keep track of transactions without relying on a traditional central authority. #BinanceSquare #blockchain #ZECHitsANewAllTimeHigh