Gain a deeper understanding of blockchain technology and how it's applied in cryptocurrency in this section.

Cryptocurrency Technology

What is Decentralized Science and How Does it Work?

Advantages and Disadvantages of Decentralization in Blockchain

Bitcoin’s Lightning Network: Enhancing Bitcoin Transactions with Speed, Efficiency, and Affordability

What is Decentralized Social Media?

Understanding the Differences: Seed Phrase, Private Key, and Public Key

What is Blockchain Scalability?

Understanding What is NEAR Protocol’s Blockchain Operating System (BOS)?

What is Decentralized Cloud Storage?

What is a Wallet Drainer and How to Avoid It?

The Future and Potential of GameFi Project

What is Decentralized Order Book?

What Is Epoch in Cryptocurrency?

ZK-Rollup vs Optimistic Rollup: A Comparison

What is an MPC Wallet?

8 Use Cases of Web3 Wallets in Blockchain Ecosystem

Blockchain Oracles: What is it and Why Is It So Important?

What Is Friend.Tech? The Latest Decentralized Social Media Frenzy

What is Gold-Backed Crypto?

What is Modular Blockchain?

Navigating the New Ethereum Layer 2 Landscape: Base, Mantle & Linea

What is Byzantine Generals’ Problem in Blockchain?

What is a Sybil Attack?

What is Web2.5?

Base: The New Layer 2 Blockchain That’s Changing the Game

What is Arbiscan and How to Use It?

How Account Abstraction Drives Web3 Adoption

What is PolygonScan and How to Use It?

What is Decentralized Exchange (DEX)?

What is Testnet?

What is Chainlink CCIP?

What Is Telegram Trading Bot?

What is Layer 3 Crypto?

How Blockchain Works?

What is Account Abstraction?

Exploring The World of Web3 Wallet

RWA: Bridging Real-World Assets to the Digital World through Blockchain Technology

What is Crypto Faucet?

What is a Crypto Mining Rig: A Simple Guide for Beginners

Make Trading Easier With These Four Crypto Screener Apps

What is Maximal Extractable Value (MEV)?

What are Ethscriptions? Ordinal-inspired Innovation on Ethereum

Uniswap V4: What You Need to Know

What is Proof of Authority?

Introduction to Cryptocurrency

DApps Explained: Everything You Need to Know About Decentralized Applications

What is Layer Zero?

What is LSDFI?

Custodial vs. Non-Custodial Wallet – What is the Difference?

How to Bridge Crypto Assets from Ethereum to Layer 2

Understanding the Differences Between ERC-1155 and ERC-721

Understanding Ethereum Virtual Machine

Benefits of Blockchain and Crypto in the Sports Industry

Understanding Node and Its Function in Blockchain

What is Hashrate?

What is Bitcoin Mining, and Is It Still Profitable?

Polygon zkEVM: The Latest Innovation in Ethereum Scaling Solution

Decentralized Artificial Intelligence: Integration of Blockchain and AI

What is Zero-Knowledge Technology?

What is Crypto Validator, and Is It Still Profitable?

A History of Bitcoin

## Blockchain Essentials

With business leaders talking about this cryptocurrency and its huge potential for bettering business, Blockchain continues to be headline news. In cryptocurrency's case, blockchain is used as a decentralized system. Many people are still not familiar with the concept of blockchain and what makes blockchains so popular.

Blockchain seems complicated, and it definitely can be, but its core concept is really quite simple. A blockchain is a distributed ledger technology that enables a set of peers to work together to create a unified, decentralized network. Due to its decentralized nature, a blockchain removes the need for middlemen in many processes for fields such as payments and real estate. In comparison to traditional financial services, blockchain facilitates faster transactions by allowing P2P cross-border transfers with a digital currency. 

Blockchain technology enables the creation of unique digital assets that can be stored and transacted between individuals, which can be automatically scheduled and executed on a shared database that can be made publicly available to anyone. Most of the world of cryptocurrency technology such as Bitcoin relies on a database to be able to track large and safe transaction volumes. Blockchain technology is the backbone of cryptocurrencies.

As a digital asset on the Blockchain, cryptocurrency, also referred to as virtual currency or digital currency, is completely digital and does not have a physical form. You can send any amount of crypto to anyone in the world in real-time 24/7, just like sending an email to someone.

Before investing in cryptocurrency, read these articles to help you understand the technology behind cryptocurrency. We will take a deeper look at the use-case of Blockchain technology at Pintu Academy.