My name is Sendependa Verkisto . I am 45 years old. If you are interested in the world of cryptocurrency, but you are not quite familiar with it yet, our platform https://bitonfeed.com/ is especially for you. We've explained in detail everything you need to know. BitOnFeed is an oasis for cryptocurrency enthusiasts that provides unreliable analysis of the crypto market, as well as the world of Blockchain technology. Blockchain technology was created only a few years ago, and provided new opportunities in data exchange. Blockchain is an open database that stores information about all transactions made by those who participate in the system. This information is stored in a set of blocks. Each block may contain an exact number of transactions. There are many things that need to happen before a block can be added to the chain. First, the transaction needs to be verified. Blockchain transactions are not approved by payment or banking institutions as traditional transactions. Instead, they are vetted by a network. Networks are typically made up of thousands, perhaps millions of computers across the globe. When the transaction is verified then the transaction information is transmitted to the blockchain. It includes the date, time , and amount of each participant and also their digital signature. The block will then receive a unique encryption code as well as the hash of the previous block added to the chain. After it has been hashed, it is able to be added to the blockchain. Why the blockchain is considered as secure. It contains information about the date and time of the transactions well as its encrypted code, and the hash of the prior blockchain. When the data is added to the blockchain, it will not be changed or deleted. The key to the security of blockchain system is the fact that all users of the network are informed of any modifications. The complexity of the proof of work process is the third condition that secures the blockchain. To change a block, a hacker would need to solve a whole set of mathematical problems involving nodes and miners, which isn't an easy task. The transparency of the network is one of the most crucial aspects. Anyone can view information on blocks, which means complete transparency of transactions. As there are millions of computers on the internet at any time, it becomes almost impossible to hack the system without being detected.