CryptoTurkish: Blockchain
What is Blockchain?
A decentralized ledger technology in which transactions are chained together and encrypted in blocks, making them extremely hard to alter.
ExampleBitcoin's blockchain has been running without interruption since 2009.The figures in the example illustrate the concept; they are not current market data.
Related terms
CryptocurrencyA decentralized digital currency secured by cryptography.Smart ContractA code-based contract that runs automatically on a blockchain according to predefined rules, withoutOn-Chain AnalysisA method that analyzes transaction data on the blockchain to anticipate market moves.Non-Fungible TokenA non-interchangeable token that represents unique digital ownership on a blockchain.
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Frequently asked questions
What is Blockchain?
A decentralized ledger technology in which transactions are chained together and encrypted in blocks, making them extremely hard to alter.
What is Blockchain called in Turkish?
In Turkish financial reporting and news, Blockchain is called Blockchain.
Which concepts are related to Blockchain?
The concepts most often mentioned together with Blockchain are Cryptocurrency, Smart Contract and On-Chain Analysis.