Blockchain does not store any information in a central location. Instead, the blockchain is copied and spread across a computer network. When a new block is added to the blockchain, every computer on the network updates the blockchain to reflect the change. By spreading this information across a network rather than storing it in a single central database, it becomes more difficult to change the information. If a copy of the blockchain falls into the hands of a hacker, only one copy of the information is compromised rather than the entire network.
CandleFocus Editor
Advantages: Decentralization
Learn about blockchain technology and how it is changing the way data is stored and distributed.
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