blockchain

Cryptographic transaction record

A blockchain is a digital record-keeping system where data is stored in linked blocks, each containing a cryptographic reference to the previous one—making the chain extremely difficult to alter retroactively.

The technology underlies cryptocurrencies like Bitcoin but has broader applications in contracts, supply chains, and voting systems.

The transaction was verified on the blockchain.

decentralization

distributed

Divided and given out

trustless · permissionless · immutable · autonomy · self-governing · non-hierarchical · governance · validator · network · disintermediation

smartcontracts

Ethereum

Programmable blockchain network

gas · trustless · programmable · deployment · audit · upgradeable

cryptocurrency

Bitcoin

Peer-to-peer electronic cash

  • EthereumProgrammable blockchain network
  • SolanaFast blockchain network
  • CardanoThird-generation blockchain protocol

Ripple · Litecoin · Dogecoin · altcoin · NFT · token · tokenomics · mining · wallet · staking

consensus

proof-of-work

Consensus via computation

delegated · finality · difficulty · hashrate · staking · slashing · attestation

ledger

transactions

Exchanges of value

confirmed · unconfirmed · state · history · traceable · verifiable

transparency

public

Available to all

auditable · pseudonymous · visible · accountable · provenance · trackable · transparent

technology

fork

Tined eating tool

throughput · latency · rollup · plasma · bridge · protocol

security

cryptography

Science of secure messaging

immutability · tamper-proof · authentication · zero-knowledge · secure

Categories
Opposites
data architecture

blockchainmainframe

Large centralized computer system

relational database

trust model

blockchaincentral authority

Single governing power source

intermediary · middleman · bank · clearinghouse · gatekeeper

record-keeping methodology

blockchainlegacy system

Outdated tech still operating

filing cabinet · spreadsheet

Phrases
Family

blockchains

Familiarity
Top 500,000
Profile
Used worldwide · Abstract · Rated G