In a literal translation, discovery is a continuous chain of blocks. It repeatedly met all the records of transactions - even with tulip bulbs in the botanical garden. Unlike conventional databases, these records cannot be changed or deleted, only new ones can be added.

Blockchain is also called distributed ledger technology because many independent users store the entire chain of transactions and the current list of owners on their computers. Even if one or more computers fail, the information will not be lost.

We have collected concepts that are often used when discussing the blockchain. They will help you understand how distributed ledger technology works.