{"id":22,"date":"2026-10-16T13:36:06","date_gmt":"2026-10-16T13:36:06","guid":{"rendered":"https:\/\/elementor.ltheme.com\/lt-lico\/blockchains\/"},"modified":"2026-10-16T23:49:27","modified_gmt":"2026-10-16T23:49:27","slug":"blockchains","status":"publish","type":"page","link":"https:\/\/elementor.ltheme.com\/lt-lico\/explainers\/basics\/blockchains\/","title":{"rendered":"What a blockchain is"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"22\" class=\"elementor elementor-22\">\n\t\t\t\t<section class=\"elementor-element elementor-element-b781f47 e-con-boxed lt-sec lt-pagehead e-flex e-con e-parent\" data-id=\"b781f47\" data-element_type=\"container\" data-e-type=\"container\" id=\"top\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-0db1b31 e-con-full e-flex e-con e-child\" data-id=\"0db1b31\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f2013a8 lt-pagehead__title elementor-widget elementor-widget-heading\" data-id=\"f2013a8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">What a blockchain is<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4375de4 lt-lead elementor-widget elementor-widget-text-editor\" data-id=\"4375de4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>A shared record that many computers keep in step. Eight minutes.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/section>\n\t\t<section class=\"elementor-element elementor-element-a7c5486 e-con-boxed lt-sec e-flex e-con e-parent\" data-id=\"a7c5486\" data-element_type=\"container\" data-e-type=\"container\" id=\"explainer\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-7a6970e e-grid e-con-full e-con e-child\" data-id=\"7a6970e\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-a38450a e-con-full e-flex e-con e-child\" data-id=\"a38450a\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-91307bf elementor-widget elementor-widget-heading\" data-id=\"91307bf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">The record nobody owns<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-974604d lt-explainer__body elementor-widget elementor-widget-text-editor\" data-id=\"974604d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>A blockchain is a record of transactions that thousands of computers keep identical copies of. New transactions are collected into a block; each block points to the one before it, so changing an old entry would mean redoing every block after it, on most of the computers at once.<\/p><p>That is the whole trick: nobody is in charge of the record, and nobody can quietly edit it. It does not make the things recorded on it true, safe or valuable.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1c53d16 e-con-full e-flex e-con e-child\" data-id=\"1c53d16\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-28b1f79 lt-h4 elementor-widget elementor-widget-heading\" data-id=\"28b1f79\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">In short<\/h3>\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-c04aa33 e-con-full lt-rows lt-facts e-flex e-con e-child\" data-id=\"c04aa33\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-b77e919 e-grid e-con-full lt-price lt-fact e-con e-child\" data-id=\"b77e919\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f2a0cf7 lt-price__label elementor-widget elementor-widget-text-editor\" data-id=\"f2a0cf7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>In one line<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-32b9600 lt-fact__value elementor-widget elementor-widget-text-editor\" data-id=\"32b9600\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>A shared, append-only record of transactions.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-34ab0b5 e-grid e-con-full lt-price lt-fact e-con e-child\" data-id=\"34ab0b5\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8cdae59 lt-price__label elementor-widget elementor-widget-text-editor\" data-id=\"8cdae59\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Who keeps it<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-86e9e96 lt-fact__value elementor-widget elementor-widget-text-editor\" data-id=\"86e9e96\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Anyone running the software<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-f450d6f e-grid e-con-full lt-price lt-fact e-con e-child\" data-id=\"f450d6f\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0d80899 lt-price__label elementor-widget elementor-widget-text-editor\" data-id=\"0d80899\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>What it cannot do<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d15ae7c lt-fact__value elementor-widget elementor-widget-text-editor\" data-id=\"d15ae7c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Make a project honest or a token valuable<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/section>\n\t\t<section class=\"elementor-element elementor-element-475be25 e-con-boxed lt-sec lt-tint e-flex e-con e-parent\" data-id=\"475be25\" data-element_type=\"container\" data-e-type=\"container\" id=\"next\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-cd40e65 e-grid e-con-full e-con e-child\" data-id=\"cd40e65\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f3efba7 lt-h3 elementor-widget elementor-widget-heading\" data-id=\"f3efba7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Next: wallets and keys<\/h2>\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-481aab6 e-con-full e-flex e-con e-child\" data-id=\"481aab6\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-86394c8 lt-lead elementor-widget elementor-widget-text-editor\" data-id=\"86394c8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Who can move the coins on that record, and why the recovery phrase matters more than anything else.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-7e8cf68 e-con-full lt-buttons  e-flex e-con e-child\" data-id=\"7e8cf68\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4af9c7b lt-btn lt-btn--outline elementor-widget elementor-widget-button\" data-id=\"4af9c7b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/elementor.ltheme.com\/lt-lico\/explainers\/basics\/wallets\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Read wallets and keys<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/section>\n\t\t<section class=\"elementor-element elementor-element-02c58d1 e-con-boxed lt-sec lt-dark lt-cta lt-skip-menu e-flex e-con e-parent\" data-id=\"02c58d1\" data-element_type=\"container\" data-e-type=\"container\" id=\"ask-cta\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-36abe5a e-grid e-con-full e-con e-child\" data-id=\"36abe5a\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-15cd78f lt-cta__title elementor-widget elementor-widget-heading\" data-id=\"15cd78f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Not sure if it is true? Ask the desk<\/h2>\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-ec77d90 e-con-full e-flex e-con e-child\" data-id=\"ec77d90\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6420b2b lt-lead elementor-widget elementor-widget-text-editor\" data-id=\"6420b2b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Send us the message, the link or the question. An editor reads every one and replies within three working days.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-41779e4 e-con-full lt-buttons  e-flex e-con e-child\" data-id=\"41779e4\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6d17729 lt-btn lt-btn--primary elementor-widget elementor-widget-button\" data-id=\"6d17729\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/elementor.ltheme.com\/lt-lico\/contact\/#ask\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Ask the desk<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-79262bc lt-btn lt-btn--outline elementor-widget elementor-widget-button\" data-id=\"79262bc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/elementor.ltheme.com\/lt-lico\/news\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Read today's news<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":20,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"footnotes":""},"class_list":["post-22","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/elementor.ltheme.com\/lt-lico\/wp-json\/wp\/v2\/pages\/22","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elementor.ltheme.com\/lt-lico\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/elementor.ltheme.com\/lt-lico\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/elementor.ltheme.com\/lt-lico\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/elementor.ltheme.com\/lt-lico\/wp-json\/wp\/v2\/comments?post=22"}],"version-history":[{"count":1,"href":"https:\/\/elementor.ltheme.com\/lt-lico\/wp-json\/wp\/v2\/pages\/22\/revisions"}],"predecessor-version":[{"id":23,"href":"https:\/\/elementor.ltheme.com\/lt-lico\/wp-json\/wp\/v2\/pages\/22\/revisions\/23"}],"up":[{"embeddable":true,"href":"https:\/\/elementor.ltheme.com\/lt-lico\/wp-json\/wp\/v2\/pages\/20"}],"wp:attachment":[{"href":"https:\/\/elementor.ltheme.com\/lt-lico\/wp-json\/wp\/v2\/media?parent=22"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}