A shared public ledger 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 maintained by a network of computers, each with its own copy of the shared public ledger. Transactions are broadcastA broadcast is a computer network technique for transmitting information that involves sending the same data to all network nodes. Read More to the blockchain networkA blockchain network is a decentralized system that allows for peer-to-peer transactions. The main components of a blockchain network are... Read More when created. The network verifies the transactionA transaction is a record of an event that occurred in the past. Transactions typically occur during the course of... Read More and then records it on the blockchainAs a distributed ledger technology (DLT), a blockchain is a digital ledger that can create an immutable record of transactions.... Read More.
