Re: What's the best way to explain super non technical person what's blockchain?

#2
A blockchain, initially squares and chain is a developing rundown of records, called squares, which are connected utilizing cryptography. Each square contains a cryptographic hash of the past square, a timestamp, and exchange information.

By enabling advanced data to be circulated yet not duplicated, blockchain innovation made the foundation of another sort of web.
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Re: What's the best way to explain super non technical person what's blockchain?

#3
The technical term to blockchain according to webster is:

a digital database containing information (such as records of financial transactions) that can be simultaneously used and shared within a large decentralized, publicly accessible network; also : the technology used to create such a database
The simple way to explain it is:

Blockchain is the technology which cryptocurrency is built upon. You can say that blockchain is the structure and housing while cryptocurrency is the furniture / decore. <<< that is my way of simply explaining it.

Without blockchain tech, you would not be able to have cryptocurrency. Most people who start looking into cryptocurrency do exchange the two but they are two different things. Cryptocurrency is an untraceable, anonymous and unregulated currency which one could easily use for illegal transactions. What blockchain brings to cryptocurrency is provide it a way to make sure the transactions can be traced and recorded. This would allow transactions to be transparent on both ends; the sender/seller, and buyer/receiver.
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