LogoEnglia

The AI-powered English dictionary

Definitions
Synonyms
Antonyms
Examples


History
Lists
Flashcards
Profile

Definition of "blockchain"

blockchain

  • noun

    plural blockchains

    1. A shared record of past transactions in a distributed network, typically used for cryptocurrency.    

      Quotations

      • By the way, mobile wallets differ from most software wallets in that they don't download the entire Bitcoin blockchain with every transaction. (Many software wallets do, interestingly.) Because the blockchain is a file several gigabytes in size, this would eat up a ton of mobile bandwidth and probably cause your mobile provider to either enact overage charges or just plain cancel your account. In addition, your mobile phone probably doesn't have enough onboard storage to host the entire […]

        2014, Michael R. Miller, The Ultimate Guide to Bitcoin, Que Publishing, page 93

      • […] blockchain is arguably the most important innovation introduced by Bitcoin. It is the missing link that makes distributed peer-to-peer digital currencies possible. The blockchain is in essence a distributed database holding all the Bitcoin transactions since the beginning (January 3, 2009) and a method to secure this database. The blockchain keeps a secure list of all the transactions. However, there are relevant questions, such as whether a particular transaction output is spendable, that […]

        2014, Pedro Franco, Understanding Bitcoin: Cryptography, Engineering and Economics, John Wiley & Sons, page 95

Similar words

  • loaders
  • leader
  • loaded
  • louder
  • leaders
  • loafers
  • broader
  • boarder
  • boater
  • bolder

Learn more...

  • Synonyms of "loader"
  • Antonyms of "loader"
  • loader - Wiktionary
Englia is powered⚡ by open data at Wiktionary licensed under CC BY-SA 3.0.

Learn more...

  • Synonyms of "blockchain"
  • Antonyms of "blockchain"
  • Blockchain - Wikipedia
  • blockchain - Wiktionary