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002:What is the blockchain and why is it important?
Manage episode 372663629 series 3498107
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If web3 is powered and uses blockchain technology, then it brings up the question "what is the blockchain?"
In this episode, we compare the blockchain internet with the regular internet, we talk about banks, ledgers, distributed ledgers, and how blockchain works.
Then you get to hear about why blockchain matters and how it relates to our everyday lives.PS - You also get to learn about how the hospital added an extra letter to Sean's son's name on his government documents.
Here's the article from Investopedia that is mentioned.
Learn more at websimplified.xyz
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