What is a blockchain wallet?

What is a blockchain wallet?

A blockchain wallet is a digital tool for storing, managing, and transacting with cryptocurrencies like Bitcoin, Ethereum, and other digital assets. Here’s what makes blockchain wallets important: They store your public key (like your account number that others...
Understanding Blockchain for Payments

Understanding Blockchain for Payments

Core Blockchain Concepts Distributed Ledger Technology (DLT): This is a shared database maintained by multiple independent computers (nodes) rather than a single central authority like a bank. Everyone has the same copy of the transaction history, making it...
What is Blockchain?

What is Blockchain?

Blockchain is a system of blocks of data linked into an uneditable digital chain. Key characteristics include: Storage in an open-source, decentralized environment Information that can be verified by every participating computer A dispersed structure that ensures...
Understanding Blockchain Technology

Understanding Blockchain Technology

Block Structure A blockchain block is essentially a digital container with two main parts: Header – Contains metadata like: Version information Link to the previous block (hash) Timestamp Difficulty target (for PoW systems) Nonce (for PoW systems) Validator...