ILGON

Did you know❓ 👀🧠

Blockchains ⛓ are distributed ledgers that are secured by cryptography. They are essentially public databases where everyone can add to or view the database at any time. 💥 Instead of the data residing on a single centralized server, the data is copied across thousands and thousands of computers 💻🌎 worldwide, allowing each computer 💻 access to this database. Transactions 📲 are compiled into data-holding vehicles known as “blocks”. The consecutive string of every block ever executed makes up a blockchain: a distributed database of chronologically ordered transactions. 📲 Blockchains ⛓ can enable decentralized platforms which require a cryptocurrency. 🟡

A cryptocurrency is a digital store of value 💸 with the primary use of buying and selling goods, services, or property. Popular examples include bitcoin and litecoin. These digital currencies are cryptographically secured 🔐 against counterfeit and often are not issued or controlled by any centralized authority. ❌🏦❌ Instead, the governance of the network is left up to the participants. 👥 Cryptocurrencies can be referred to as tokens or coins. 🟡
Cryptocurrencies are the tokens used within these networks to send value 💸 and pay for these transactions, or to provide network incentives.