Today we will be exploring the blockchain. The most simple way I can explain it is that it's a distributed digital ledger that stores data. Sounds kinda boring right? So why is this so technology so revolutionary...well first off it is completely decentralized meaning that it is stored in one place like a bank. It is distributed to every "node" that on that system meaning that everyone in the network has access to that data. This ultimately allows us to own things digitally and then transact with other people without having to go through a centralized system. Still stuck? Listen to the episode where I'll break it all down.
Enjoy!
Lucas.
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