What is a Blockchain in simple terms?
A blockchain is a set of data blocks which are linked through certain mathematical formulas. In most blockchains that currently exist the blocks of data have contained information about transactions. Bitcoin is an obvious example of this. Each block of data in the Bitcoin blockchain contains information about transactions in a 10 minute period. This description tells us what’s inside each block of data and that the blocks are linked but not how they are linked. In simple terms, that…