Blockchain what is blockchain technology technology bitcoin ethereum rather it is a combination of proven technologies applied in a new way it was the particular orchestration of . 7 blockchain technologies to watch out for in 2017 blockchain the underlying technology behind bitcoin has been gaining momentum for a couple of years now. Heres an explanation for five year old what is blockchain technology a step by step guide ethereum is an open source blockchain project that was built specifically to realize this possibility dont be fooled by the apparent advantages and usages of blockchain technology or bitcoin its what you dont know that is destructive . Much of the value of the bitcoin blockchain is that it is a large network where validators like the cameras in the analogy reach a consensus that they witnessed the same thing at the same time
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