1. What is Blockchain? Starting with Bitcoin1.1 What is Blockchain?Let’s use a simple example to explain: In the past, families kept their financial records in a single ledger, usually controlled by one person. If this person altered the records or lost the ledger, chaos could ensue. Blockchain solves this problem by decentralizing the ledger, distributing identical copies to everyone involved. Any changes must be agreed upon by all parties, and all ledgers are updated simultaneously. This en...

1. What is Blockchain? Starting with Bitcoin1.1 What is Blockchain?Let’s use a simple example to explain: In the past, families kept their financial records in a single ledger, usually controlled by one person. If this person altered the records or lost the ledger, chaos could ensue. Blockchain solves this problem by decentralizing the ledger, distributing identical copies to everyone involved. Any changes must be agreed upon by all parties, and all ledgers are updated simultaneously. This en...