The Blockchain Explained

Have you ever heard of money or coins that you can keep in a piggy bank or a wallet? Well, there’s a special kind of money called cryptocurrency that you can keep in a digital wallet on your computer or phone. And to make sure that this digital money is safe and secure, people use something called blockchain.

Think of blockchain as a big, public notebook where everyone can see and keep track of all the transactions made with digital money. Just like in a real notebook, you can’t go back and erase or change what you’ve written. This makes it safe and secure for everyone.

Each time someone makes a transaction with digital money, it’s like writing a new line in the notebook. And, lots and lots of computers all over the world work together to make sure that the notebook is always up-to-date and accurate.

So, just like a piggy bank keeps your real money safe and secure, blockchain helps keep digital money safe and secure. And, just like how you can use real money to buy things, you can use digital money to buy things online or in stores.

Now, you know what blockchain is and how it helps keep digital money safe!