Forget the technical jargon. Explore the concepts transforming traditional finance into programmable infrastructure.
The Shared Record
Your Secret Key
The Digital Asset
Direct Transfer
Immutability
Web3 Banking
Blockchain is a distributed ledger that records transactions in an immutable and transparent way, shared among multiple nodes of a network without a central authority.
Each block contains the "hash" (digital fingerprint) of the previous block. If a single character is changed in block 100, its hash changes, breaking the entire chain.
Security through computing power (Mining).
Example: Bitcoin
Security through token staking.
Example: Ethereum 2.0
Now that you understand the ledger, discover how assets are represented on it.
Next Module: The Ecosystem