Crypto Corner: Blockchain made simple
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WELCOME to Crypto Corner, where the BiPS Foundation, Moneybrain’s cryptocurrency, helps educate our community. Curious about blockchain? This column explains it simply, so strap in for a crypto education.
Put simply, what is blockchain?
Picture blockchain as a digital accounting ledger with pages of transactions (blocks) linked together in a chain. Cryptocurrencies like Bitcoin or Ethereum have their own ledgers.
These records become immutable, ensuring security and trust. Free from central control, blockchain helps mitigate fraud by increasing transparency, creating a fairer financial system that removes intermediaries and enables true peer-to-peer transactions.
How do cryptocurrencies…
