Sure! Here’s a clear and concise explanation of what blockchain is in English: ### Understanding Blockchain Blockchain is a revolutionary technology that allows multiple parties to securely share and store information in a decentralized and transparent manner. At its core, a blockchain is a distributed ledger that records transactions across many computers so that the recorded transactions cannot be altered retroactively, ensuring the integrity and security of the data. #### How Does Blockchain Work? 1. **Decentralization**: Unlike traditional databases that are controlled by a central authority (like a bank), a blockchain is maintained by a network of computers (or nodes) spread across the globe. This decentralization makes it less vulnerable to failures and fraud. 2. **Blocks**: Information is stored in units called blocks. Each block contains a number of transactions. When a block is filled with transaction data, it is added to the chain of previous blocks, hence forming a Sure! Here’s a clear and concise explanation of what blockchain is in English: ### Understanding Blockchain Blockchain is a revolutionary technology that allows multiple parties to securely share and store information in a decentralized and transparent manner. At its core, a blockchain is a distributed ledger that records transactions across many computers so that the recorded transactions cannot be altered retroactively, ensuring the integrity and security of the data. #### How Does Blockchain Work? 1. **Decentralization**: Unlike traditional databases that are controlled by a central authority (like a bank), a blockchain is maintained by a network of computers (or nodes) spread across the globe. This decentralization makes it less vulnerable to failures and fraud. 2. **Blocks**: Information is stored in units called blocks. Each block contains a number of transactions. When a block is filled with transaction data, it is added to the chain of previous blocks, hence forming a