Blockchain technology has dramatically transformed the way we manage data, conduct transactions, and ensure security across various domains. While it is commonly associated with cryptocurrencies, its roots and evolution encompass much more. This article explores the historical milestones that have shaped blockchain technology, addressing common questions to provide a comprehensive overview.
What is blockchain technology?
Blockchain technology is a decentralized and distributed ledger system that records transactions across multiple computers in such a way that the registered transactions cannot be altered retroactively. Each block of data is linked to the previous one, forming a continuous chain—hence the term blockchain.
Who invented blockchain technology?
The concept of blockchain was first introduced by Satoshi Nakamoto in 2008 in the Bitcoin whitepaper titled
