Advertisement

Advertisement

blockchain

[ blok-cheyn ]

noun

, Computers.
  1. a structure used for a distributed or shared database consisting of discrete blocks of data, with each new block secured and connected to earlier ones by cryptography: used to create digital ledgers for cryptocurrency systems, among other things:

    Several schools now offer courses in the technology behind blockchain.

    Under the scheme, farmers would add information about their produce to a blockchain database that could quickly pinpoint contamination.

  2. a distributed or shared database created and populated using a structure consisting of discrete blocks of data, with each new block secured and connected to earlier ones by cryptography:

    Once the transaction gets verified, it's recorded in the blockchain.



Discover More

Word History and Origins

Origin of blockchain1

First recorded in 2010–15; block ( def ) + chain ( def )

Discover More

Example Sentences

This record is known as the blockchain and is one of the features that helps keep the system secure from fraud and abuse.

Then I just have to “retrieve payload” from Coinapult, trot on back over to Blockchain and BAM!

Advertisement

Word of the Day

petrichor

[pet-ri-kawr]

Meaning and examples

Start each day with the Word of the Day in your inbox!

By clicking "Sign Up", you are accepting Dictionary.com Terms & Conditions and Privacy Policies.

Advertisement

Advertisement

Advertisement


block cavingblock chord