Beginner’s Guide to Cryptocurrency Block Explorers

The Inherent Transparency of Blockchains Blockchain is an immutable, distributed, decentralized, and secure digital ledger. As this digital information is accessible to anyone on the Internet, it becomes transparent and incorruptible. In a blockchain, once a transaction is validated through a consensus process, it is also committed to all network ledgers. These ledgers are distributed databases that store the information recorded from a transaction. Transparency is inherent in a Blockchain network. It is easy to misunderstand what transparency means on…