Introduction to Blockchain

An approachable introduction for beginners.

Most people today don’t understand even the basics of the technology that powers blockchain. It’s a fact that this new technology is difficult to relate to anything that has come before. As in the 2017 spike event that took Bitcoin to the moon and got everyone talking, it is now quite apparent that cryptocurrency is not going away. This means that it is time to figure it out for all of us who haven’t gotten around to doing that yet.

Follow the links if you’re curious about any of the topics, feel free to gloss over a few paragraphs if you’re already familiar. Let’s do this as simply and concisely as we can.

Where it all started: Ledgers and Decentralized Ledgers

I was speaking with a friend of mine who is 58 years old and a competent programmer. He’s a serial entrepreneur who has built technology companies in the past. This man is no novice by any means, and yet, the moment the word blockchain enters a conversation, he stops and recoils, essentially calling bullshit on the entire concept of this technology.