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#. type: YAML Front Matter: summary
#: ../_i18n/en/resources/moneropedia/blockchain.md:1
#, no-wrap
msgid "a distributed ledger of all transactions both past and present, without revealing who the funds came from or went to"
msgstr ""

#. type: YAML Front Matter: terms
#: ../_i18n/en/resources/moneropedia/blockchain.md:1
#, no-wrap
msgid "[\"blockchain\", \"blockchains\"]"
msgstr ""

#. type: Plain text
#: ../_i18n/en/resources/moneropedia/blockchain.md:7
msgid "{% include disclaimer.html translated=\"no\" translationOutdated=\"no\" %}"
msgstr ""

#. type: Title ###
#: ../_i18n/en/resources/moneropedia/blockchain.md:8
#, no-wrap
msgid "The Basics"
msgstr ""

#. type: Plain text
#: ../_i18n/en/resources/moneropedia/blockchain.md:11
msgid "A @blockchain is a distributed database that continuously grows with a record of all of the transactions that have occurred with a given cryptocurrency.  This database is often referred to as a ledger because the data contains a large list of transactions that have taken place.  In Monero, these transactions are packaged together into 'blocks' every 2 minutes (on average), and all miners and nodes on the network have copies of these blocks."
msgstr ""

#. type: Title ###
#: ../_i18n/en/resources/moneropedia/blockchain.md:12
#, no-wrap
msgid "Monero's @Blockchain"
msgstr ""

#. type: Plain text
#: ../_i18n/en/resources/moneropedia/blockchain.md:14
msgid "Unlike Bitcoin and other cryptocurrencies, transactions in the Monero @blockchain do not reveal where funds came from or went to, providing anonymity and making the currency completely @fungible. Additionally, the amounts of all transactions are hidden by @RingCT, a feature of Monero. For auditing or other transparency purposes a user can share a @view-key to prove they control certain amounts of Moneroj."
msgstr ""