1 definition by wood2023

A decentralized digital ledger that records all transactions across a network of computers. Known for its security and transparency, it's the underlying technology behind cryptocurrencies like Bitcoin. The blockchain's distributed nature makes it resistant to hacking, forging, or altering.
In a broader, casual context, "blockchain" might also refer to something complex and trendy that's often dropped in conversations to sound tech-savvy, whether or not it's entirely understood.
"With the rise of cryptocurrencies, the blockchain technology is revolutionizing the way we think about financial transactions."
"Dude, I have no idea what you just said, but you dropped 'blockchain' in there, so you must be on the cutting edge of tech!"
by wood2023 August 23, 2023
Get the Blockchain mug.