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How Blockchain Works

Blockchain technology enables a network of strangers who don’t trust each other to function securely by integrating game theory to foster cooperation and using cryptography to protect data integrity and confidentiality.
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Brief History of Blockchain Technology

The idea behind blockchain technology was described as early as the 1990s.
In January 2009, Bitcoin came into existence when the first Bitcoin block was mined.
Satoshi Nakamoto received a reward of 50 bitcoins when the first Bitcoin block was mined.
Vitalik Buterin started the development of a new blockchain-based distributed computing platform called Ethereum.
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Introduction to Blockchain Technology

Blocks are connected to each other through the use of hash functions.
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