⛓️ A blockchain is a public, distributed ledger of all cryptocurrency transactions. This can be broken down into two words, yep, you guessed it;  block and chain.

<aside> 🌞 Block = individual pieces of information

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<aside> 🌞 Chain = linking the blocks and storing the information

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👯‍♀️ A blockchain relies upon a distributed peer-to-peer network to cryptographically validate and record all transactions. Blockchain can seem complicated but it is really just a newer term to describe old technology we have been using for a long time.

📌 Once a transaction is recorded on a chain, it becomes immutable and cannot be modified or erased. Any modifications would result in chain breaking, which would be a public indication that something is not right.

🆒  Blockchain technology is unique because of its decentralized nature and it removes the need for any central authority or intermediaries for transaction processing. This is important when it comes to NFTs because prior to blockchain technology many artists and creators relied on an intermediary to sell and distribute their work.

Blockchain 101