A blockchain is a ledger that contains the entire history of a specific crypto-currency, so it is impossible for any counterfeits to be created.

The name refers to the way the programme assembles data in the ledger.

Most blockchains are open sourced and decentralised, to prevent tampering.

The programming is publicly available so anyone can see exactly how it works and blockchains are operated by different people around the world.

Transactions on the blockchain are collections of data, with the wallet address of the coin sender and receiver and the amount sent.

When a transaction is made; the information is packed into a block and cannot be edited or removed, which ensures its’ security and reliability.

When a block is ready to go, it is added to the blockchain and is effectively “sent off”.

Every block is digitally strung together like links in a chain, creating an unbroken and tamper-proof history, of every single transaction in the history of the currency.

Each block is allocated a number and anyone can look back and see the transactions that are contained in each block.

Note: Not all blockchains work in exactly the same way and not all crypto-currencies use a blockchain.

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