Cryptocurrency Q&A Why is it called blockchain?

Why is it called blockchain?

Lucia Lucia Thu Mar 28 2024 | 7 answers 1812
Blockchain? Why is it called that? It sounds like a combination of 'block' and 'chain,' but what does it actually mean? Is it because it's made up of blocks that are chained together? Or is there some deeper significance to the name? I'm curious to understand the reasoning behind this terminology. Can you explain it to me? Why is it called blockchain?

7 answers

AzurePulseStar AzurePulseStar Sat Mar 30 2024
The blockchain is a constantly growing structure.

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Lorenzo Lorenzo Fri Mar 29 2024
As the volume of transactions increases, the blockchain expands accordingly.

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CryptoWizardry CryptoWizardry Fri Mar 29 2024
BTCC, a UK-based cryptocurrency exchange, offers services tailored to the blockchain industry.

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CryptoWizardry CryptoWizardry Fri Mar 29 2024
BTCC's services include trading, wallet management, and other blockchain-related solutions.

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Eleonora Eleonora Fri Mar 29 2024
The name "blockchain" originates from its unique data storage method.

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