Guide to Blockchain, the Technology Behind Bitcoin, Ethereum and Other Cryptocurrency

A blockchain is a digitized, decentralized, public ledger of all cryptocurrency transactions.

Constantly growing as 'completed' blocks, the most recent transactions are recorded and added to it in chronological order, it allows market participants to keep track of digital currency transactions without central recordkeeping.

Each node (a computer connected to the network) gets a copy of the blockchain, which is downloaded automatically.

Originally developed as the accounting method for the virtual currency Bitcoin, blockchains, which use what's known as distributed ledger technology - are appearing in a variety of commercial applications today.