← Back to glossary
⛓️

Blockchain

Security

A shared ledger that many computers agree on.

Definition

A blockchain is a database shared across many computers, where records are grouped into blocks and linked together.

In plain English A shared ledger that many computers agree on.

Why this matters

Why it matters: It can reduce the need to trust one central party, but blockchains can still expose data if you put personal info on-chain.

Example

Example: A blockchain records transfers of a digital asset between addresses.