Assume of it as a spreadsheet that is duplicated thousands of times across multiple computers. A network that is designed to regularly update.
The blockchain database isn’t stored in any single location, which indicates the records it keeps are truly public and easily verifiable. No centralized version of this information exists for a hacker to corrupt. Hosted by millions of computers simultaneously, its data is accessible to anyone on the internet.
Blockchain technology is like the internet in that it has built-in robustness. By storing blocks of information that are identical across its network, the blockchain cannot: Be controlled by any single entity or have any single point of failure.
Bitcoin blockchain since inception has operated without significant disruption.
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