A blockchainAs a distributed ledger technology (DLT), a blockchain is a digital ledger that can create an immutable record of transactions.... Read More database is a digital record of all cryptocurrencyCryptocurrency is decentralized digital currency secured by cryptography. Cryptocurrency utilizes cryptographic protocols to record ownership and prevent counterfeits (when ownership... Read More transactions. In a blockchain database, each blockA block is a specific type of construct in a blockchain that stores transactional information blocks typically contain transaction information... Read More contains a cryptographic hashA hash is a fixed-length code representing any length of words, messages, or data generated by a hashing algorithm. In... Read More of the previous block, timestamps, and transaction dataTransaction data is information that is stored on the blockchain and represents a record of a transaction. This data can... Read More. Blocks are verified for accuracy and then added to the chainA chain is a linear sequence of data blocks. Each block contains a cryptographic hash of the previous block and... Read More. Once a block is added to the chain, it and the associated transactionA transaction is a record of an event that occurred in the past. Transactions typically occur during the course of... Read More data become immutableadjective; not able to be changed or altered in any way Read More. Blockchain databases grow continuously as “completed” blocks are added with each new transaction.
