The word blockchain was mentioned in Satoshi Nakamoto’s original article titled Bitcoin published in 2008. Although blockchain is not mentioned in this article as a word, an underlying technology component of cryptocurrency is defined as a series of data blocks that are cryptographically chained together. Bitcoin is the first application of blockchain technology. Nakamoto claims that a … Read more

The working logic of the blockchain

Blockchain operating logic Blockchain technology is a complex concept consisting of the combination of different technologies. It consists of three basic elements; 1. BLOCKCHAIN ​​NETWORK STRUCTURE Blockchain is not a company, nor is it connected to a company or a head office. Since it has a distributed network of structures, there is no critical central point. … Read more