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The decentralized control of each cryptocurrency works through a blockchain, which is a public transaction database, functioning as a distributed ledger.
No central authority controls the network.
All transactions are visible to participants.
Fast blockchains process a large number of transactions per second.
A blockchain is a distributed database that is shared among the nodes of a computer network. Each node maintains a copy of the database, and every time a new transaction occurs, it is added to every node's copy of the database. This makes it very difficult to change or hack the blockchain, as any changes would need to be made to every node's copy of the database.
Blockchains are often used to track cryptocurrency transactions, but they can also be used to track other types of data, such as supply chain information, medical records, or intellectual property.
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Bitcoin
Ethereum
Ripple
IOTA
OmiseGO
