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  NLOAD   FAQ   NEWS   AFFILIATE   FARM EN INDUSTRY NEWS VIEW ALL The basis of the entire crypto industry What is blockchain? We have already told you that blockchain is actively developing and now even has several generations. But still, what is blockchain, why is it called decentralized, and how do new blocks appear? Let's find out! Blockchain  is a continuous and sequential chain of data "blocks". Copies of it are stored on computers around the world. It has no center through which all transactions are carried out, or the process is controlled. Because of this, the system is called decentralized. Each block contains encrypted information in the form of a hash code. The  hash  is a mathematically generated set of characters, it is copied to the next block in the chain, thus connecting it to the previous one. Any corrections in the block lead to a change in the hash, which means that the code in the corrected block and the next after it will not ...