What is a Blockchain? A Blockchain is a distributed public or private ledger. A distributed ledger simply means that a record of every transaction is stored on every computer that’s apart of the Blockchain network. What’s contained on the Blockchain is the transaction ID value.
It was December 2016 and digital currencies were all the rage. Most people’s attention was focused on Bitcoin because of it’s meteoric rise. Who can blame them, one BTC was about $887.28 USD on December 24th.