Blockchain is an incorruptible real-time ledger of economics that can be encoded to record not just the history of financial transactions but nearly everything of value. The blockchain is an undeniably ingenious invention – the brainchild of a person or group of people known by the pseudonym, Satoshi Nakamoto. But since then, it has evolved into something greater, and the main question every single person is asking is: What is Blockchain? Is Blockchain Technology the New Internet? By allowing digital information to be distributed but not copied, blockchain ... If you've been hearing about the blockchain, it's likely to have been in conjunction with bitcoin, the volatile virtual currency that recently spiked to (and subsequently slumped from) a value of ... Bitfury knew that if they chose to continue increasing their control over the network, bitcoin’s value would fall as users sold off their coins in preparation for the possibility of a 51% attack. For more than a year, however, Bitcoin has been on a roller coaster ride, with its value dropping from a peak of nearly $20,000 to a little more than $3,500, mainly due to the fact that it has no ...
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