Futurco's Profile | Binance Square

#Educational post
#blockchain
What is blockchain?
Alright, imagine you have a magical notebook that you and your friends use to keep track of things. But here's the cool part – once something is written in the notebook, it can't be erased or changed by anyone.

Now, let's say you and your friends want to keep track of toys. Every time someone gets a new toy, they write it down in the notebook. Since no one can erase or change what's written, everyone knows who has which toys.

Now, imagine there are many notebooks exactly the same, and all your friends have a copy. When someone gets a new toy and writes it in their notebook, all the other notebooks get updated too. This way, everyone has the same information about who has which toys.

This magical notebook that can't be changed and is shared with everyone is a bit like a blockchain. In the real world, people use blockchains to keep track of things like money or digital items, making sure everyone has the same information and it's super secure!