What’s all the fuss with Blockchain and what is it anyway?
As the financial markets collapsed during the mortgage crisis of the late 2000’s, it became increasingly difficult to trust organizations that were “too big to fail”. Placing our financial security in their hands seems unwise. A technology emerged during this time frame that solved that problem and moved the burden of maintaining the ledger, record of ownership of currency, or any other asset for that matter, to a distributed set of participants all of whom had the entire set of records for that economy in a model called a “blockchain”.
This primer from our partner Soluna takes a look at how a blockchain works, how it is secured, and how the concepts of blockchain are applied to currency.