Blockchain definition

Blockchain means a digital ledger or database which is chronological, consensus based, decentralized and mathematically verified in nature;
Blockchain means a distributed ledger that records transactions between parties in a verifiable and permanent way.
Blockchain means a mathematically cryptographically secured, chronological, and decentralized consensus ledger or consensus database, whether maintained via Internet interaction, peer-to-peer network, or otherwise other interaction.

Examples of Blockchain in a sentence

  • The Mining machine has its own implemented software, which “sends” the Extracted Cryptocurrency to the designated Cryptocurrency Wallets in the Blockchain network.

  • Ownership verification may be determined either on-chain or with use of a third-party API such as XxxxXxxxxx.xx, which updates its databases at least once per day based on the Chia Blockchain.


More Definitions of Blockchain

Blockchain means software operating a distributed ledger which is maintained by a network of computers, and that records all transactions in a Digital Asset in theoretically unchangeable data packages known as blocks, each of which are timestamped to reference the previous block so that the blocks are linked in a chain that evidences the entire history of transactions in the Digital Asset.
Blockchain means a digital ledger or database which is chronological, consensus-
Blockchain means a system in which records of transactions made in Digital Assets are maintained across several computers that are linked in a peer-to-peer network.
Blockchain means a digital ledger or database which is
Blockchain means a cryptographically secured, chronological, and decentralized consensus ledger or consensus database maintained via internet, peer-to-peer network, or other similar interaction.
Blockchain means an electronic record created by the use
Blockchain means the private blockchain managed and operated by the DBS Group. “Branch” means any branch of DBS Bank Ltd., Singapore wherever located.