A blockchain has been defined as “a continuously growing list of records, called blocks, which are linked and secured using cryptography” (https://en.wikipedia.org/wiki/Blockchain) and as a “digital, decentralised, distributed ledger” (https://medium.com/@cryptoeconomics/the-blockchain-economy-a-beginners-guide-to-institutional-cryptoeconomics-64bf2f2beec4)
Blockchains, Cryptoeconomics, and Emerging Technology Risks
Blockchain formation. The main chain (black) consists of the longest series of blocks from the genesis block (green) to the current block. Orphan blocks (purple) exist outside of the [...]