BLOCKCHAIN BASICS 2021 BLOCKCHAIN TECHNOLOGY

Blockchain Basics – Introduction
By now, everybody has heard of blockchain and cryptocurrency in one way or the other. Assumptions of this technology range from “Blockchain is the game-changer for the entire human society” to “It’s just another pyramid scheme.” Many argue that Blockchain’s invention is as revolutionary as the burst of the Internet at the dawn of this millennium. For some it’s a staunch truth and for some it is not. Despite the wavering opinions, this technology has given birth to innovation and digital possibilities that have far outperformed the fluctuating thoughts of tech gurus and end-users.

Like any other well-established technology, when we ponder the evolution of Blockchain, it makes us wonder how it all started. We tend to look at the roots, the basics, the humble beginnings of a grandiose entity.