Blockchain for Beginners

Blockchain is an encrypted, open, decentralized database, recognized by leading mathematicians, cryptographers and economists around the world. Basically Blockchain allows in a mathematical way to agree on data and transactions, without the need for intermediate parties. The network is self-regulated, transactions get verified solving mathematical equations (blocks) in exchange for rewards. (about the math: if you want to sleep well, Google ecdsa or mathematical trap door) Data can be anything — money, work, property, votes, shares, anything that represents a certain value. The network verifies and agrees the transaction, every node in the network holds a(n encrypted) copy of the »