Put simply, a blockchain is a chain of interconnected blocks of information. It helps to think of these blocks as containers that store transaction records. On average, there are 500 cryptocurrency transactions stored in each block. All the blocks are connected in a way that verifies the chain sequence is correct. What does this mean? Before the latest block of information is added to the chain, it checks the info in the preceding block, which also does the same to the block before it, and so on. The blockchain then, is an unbroken series of stored info. The beauty of this is it makes everything stored in the blockchain traceable, permanent, and unchangeable. Thus, it makes cryptocurrency a profoundly transparent and credible currency.
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