Many people have asked about the exact location of the “blockchains”. Several things need to be understood about blockchains. Firstly, blockchains are records of data. This is where the blockchain is located. Innovations in the future may change this but for now, this is how it is.

They have entries just like databases. Asking for their location is just like asking for the location of a database with one key difference. It is that one is centralized while the other is decentralized.

For the decentralized one, the use of nodes that confirm the records in the chain of information (or what we call the blockchain) is the store the records.

To fully grasp this concept, we need to understand how blockchains essentially work. Each blockchain node shares information with the next one.

And depending on the confirmation process, they now validate the information presented to be entered into the blockchains ledger. They each all have a copy of the ledger so that they can “compare notes” to see that every record is correct. Once this process is complete then the data is confirmed and the final copy is formed.

This is also fully understood using what is called the “Byzantine Generals Problem”. In essence, in a war, all the generals on one side have to agree together on just about everything for them to be successful.

They have to share every piece of information among themselves and also move in the same direction for their side to succeed against their common enemy. This is a concept that blockchain technology has solved in a very practical way.

Information is shared across the nodes of a blockchain and each verifies if the other has an accurate copy of the blockchain’s ledger. Once that occurs, then the records are finalized using cryptographic signatures.

In the future, we will see other ways blockchains can be stored. This will change as new ideas and concepts pervade the blockchain space.

Where is the Blockchain? 1
About the author

Christopher is the Blockchain/DeFi Editor for E-Crypto News he also writes frequently about Crypto Gaming and Gambling. He is the author of the book "Profitable Cryptocurrency Gambling and Gaming: A Complete Guide." A content developer, Crypto-Enthusiast, and tech-savvy individual. He is also a Superstar Content Developer, Strategy Demigod, and Standup Guy.

E-Crypto News Executive Interviews



bitcoin
Bitcoin (BTC) $ 42,655.00
ethereum
Ethereum (ETH) $ 2,932.43
cardano
Cardano (ADA) $ 2.36
tether
Tether (USDT) $ 0.999021
binance-coin
Binance Coin (BNB) $ 358.65
xrp
XRP (XRP) $ 0.94683
solana
Solana (SOL) $ 141.43
polkadot
Polkadot (DOT) $ 31.39
usd-coin
USD Coin (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.21083
USD
EUR
GBP
bitcoinBitcoin (BTC)
$ 42,655.00
ethereumEthereum (ETH)
$ 2,932.43
tetherTether (USDT)
$ 0.999021
bitcoin-cashBitcoin Cash (BCH)
$ 518.74
litecoinLitecoin (LTC)
$ 153.77
bitcoinBitcoin (BTC)
36.409,03
ethereumEthereum (ETH)
2.503,03
tetherTether (USDT)
0,852734
bitcoin-cashBitcoin Cash (BCH)
442,78
litecoinLitecoin (LTC)
131,25
bitcoinBitcoin (BTC)
31,238.39
ethereumEthereum (ETH)
2,147.57
tetherTether (USDT)
0.731633
bitcoin-cashBitcoin Cash (BCH)
379.90
litecoinLitecoin (LTC)
112.61

Automated trading with HaasBot Crypto Trading Bots

Crypto Scams

Crypto Scams
Crypto Scams Still Persistent In 2021, SEC Warns About Red Flags To Watch
September 9, 2021
Poly Network
Here’s How Hackers Stole Over $600 million in the Poly Network Attack
August 12, 2021
The World’s Most Infamous Crypto Hacks and Scams
July 31, 2021
Cryptocurrency Exchanges
Cryptocurrency Exchanges and the Plague of Scams and Bans
June 29, 2021
What Role Do Cryptocurrencies Play In The Era Of Ransomware Attacks?
June 9, 2021

Blockchain/Cryptocurrency Questions and Answers

Beginner’s Guide to Investing in Cryptocurrency
August 9, 2021
Short-Sell Cryptocurrency
How to Short-Sell Cryptocurrency: A Brief Overview
July 17, 2021
Klaytn
What Is Klaytn (KLAY) And How Does It Work?
July 16, 2021
Cryptocurrencies
Our Crypto Roundup Interview Asks- Do Cryptocurrencies Have a Future?
July 15, 2021
Solana
What Is Solana (SOL) And How Does It Work?
June 26, 2021


CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin42,758 0.35 % 3.47 % 9.47 %
Ethereum2,934.4 0.42 % 4.61 % 14.00 %
Cardano2.360 0.79 % 3.77 % 0.32 %
Tether0.9986 0.03 % 0.08 % 0.23 %
Binance Coin358.50 0.52 % 3.96 % 11.68 %
XRP0.9457 0.81 % 3.22 % 11.42 %
Solana141.81 0.02 % 0.68 % 3.91 %
Polkadot30.87 2.19 % 17.29 % 10.73 %
USD Coin1.000 0.00 % 0.02 % 0.26 %
Dogecoin0.2108 0.89 % 4.61 % 12.52 %

bitcoin
Bitcoin (BTC) $ 42,655.00
ethereum
Ethereum (ETH) $ 2,932.43
cardano
Cardano (ADA) $ 2.36
tether
Tether (USDT) $ 0.999021
binance-coin
Binance Coin (BNB) $ 358.65
xrp
XRP (XRP) $ 0.94683
solana
Solana (SOL) $ 141.43
polkadot
Polkadot (DOT) $ 31.39
usd-coin
USD Coin (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.21083