This public ledger records transactions across a network of computers, with each of the transactions being encrypted and finite. It’s the technology that Bitcoin and other decentralized coins are built on. What’s the Blockchain and How Does it Work?įirst things first – let’s take a look at what the blockchain represents. Most notable, the blockchain has become a very popular technology alternative for online casinos, with many praising it as online gambling’s future. Thanks to its decentralized nature, it has offered many industries a way out of the current situation. The blockchain is impenetrable and not controlled by governments or financial organizations. It’s the exciting new technology cryptocurrencies are built on, and a public ledger that records all transactions. Everyone knows what Bitcoin is, but only a few people truly understand what the blockchain represents.
Even if you’re not a crypto enthusiast, you’ve surely heard about the coins and the blockchain.
