understanding blockchain

Day 3: Understanding Blockchain

When I first heard the word blockchain, I honestly thought it was just another tech buzzword. It sounded so complicated, too “big brain” for someone like me who was just trying to make sense of crypto.

But piece by piece, it started to click.

Blockchain is basically a shared notebook that everyone can read, but no one can secretly erase or edit. You can only add new pages. That’s it. Simple, right? Secure, transparent, permanent.


Where I See It in Action

At first, I thought blockchain was just about Bitcoin or trading tokens. But here in the Philippines, it’s already showing up in ways that matter in real life.

I recently learned that the Department of Budget and Management (DBM) is using blockchain so people can actually see important budget documents online in a way that can’t be tampered with. Imagine that: less paperwork, less room for shady stuff, and more transparency because the records are locked on the blockchain.

You can check it out here 👉 bitpinas.com/business/budget-blockchain-ph


My Takeaway

I’ll be real with you: understanding blockchain wasn’t instant. It took reading, watching videos, asking people, and lots of head-scratching.

In fact, full disclosure, back in 2021, I literally cried while trying to study it. I just couldn’t get it. But now? I can explain it in one sentence: it’s a digital record book you can trust because no one’s in control of it.

And here’s why that matters: blockchain is the foundation. DeFi, NFTs, crypto… all of it is built on this.

So think of today’s post as the “ground floor.” From here, we’ll explore the different blockchains, their uses, and how they shape the crypto world in the next posts.


Starting something this big isn’t easy, but knowing you’re all here cheering me on makes me want to keep showing up, one block at a time.

See you tomorrow!


Posted

in

by

Tags:

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *