Key features of blockchain

The cryptoassets and blockchain market is quite possibly the fastest growing industry that the world has ever seen. This has to do with the speed at which information travels nowadays, which is also unprecedented.

So, why is blockchain such a big deal? What is Bitcoin? What are cryptoassets?

The preceding questions were asked by everyone when blockchain was new to the market. Quite often, they were given complicated answers, involving terms such as distributed database, cryptographic keys, hash functions, game theory, consensus protocols, and so on.

But, if you think about it, people were once baffled by terms such as domain name, website, bandwidth, and download. The main point is that blockchain technology is set to reshape the future, and will soon be a part of everyday life, just like the internet is.