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Welcome to YourPOP, the Your Pursuit of Purpose podcast. This is a platform for underrepresented and underprivileged to speak on their successes, excellence, and overcoming adversity.
WHAT IS A BLOCKCHAIN?
A blockchain is a distributed database that is shared among the nodes of a computer network. As a database, a blockchain stores information electronically in digital format. Blockchains are best known for their crucial role in cryptocurrency systems, such as Bitcoin, for maintaining a secure and decentralized record of transactions. The innovation with a blockchain is that it guarantees the fidelity and security of a record of data and generates trust without the need for a trusted third party.
HOW DOES A BLOCKCHAIN WORK?
The goal of blockchain is to allow digital information to be recorded and distributed, but not edited. In this way, a blockchain is the foundation for immutable ledgers, or records of transactions that cannot be altered, deleted, or destroyed. This is why blockchains are also known as a distributed ledger technology (DLT).
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FRESH CRYPTO NEWS AND INFORMATION
- Phantom crypto wallet raises $150M in Series C at $3B valuationby Cointelegraph by Brayden Lindrea on January 17, 2025 at 12:33 am
Phantom said the $150 million funding round accelerates Phantom’s mission to become the world’s biggest consumer finance platform.
- Stablecoin for cyber-scammers launches, Sony L2 drama: Asia Expressby Cointelegraph by Yohan Yun on January 16, 2025 at 9:56 pm
Marketplace for cyber-scammers launches its own stablecoin, Sony L2 collides with reality, Lazarus stole $650M crypto in 2024. Asia Express.
- Here’s what happened in crypto todayby Cointelegraph by Cointelegraph on January 16, 2025 at 9:36 pm
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
- Aave tokenholders mull foray into Bitcoin miningby Cointelegraph by Alex O’Donnell on January 16, 2025 at 9:10 pm
Some tokenholders are expressing doubts about the proposal’s profitability for the DeFi lending protocol.