Welcome to Blockchain Breakdown, where Raven Trammell aka Raven50mm, a successful photographer and co-founder of the 50mm Collective, breaks down the jargon and terms flying around the NFT and web3 space. In this video, Raven shares his knowledge about the term "blockchain" and how it works.

Blockchain is a digital ledger that keeps track of all transactions made using a specific cryptocurrency. Each block in the chain contains a list of transactions and is linked to the previous block, creating a secure and transparent way of tracking transactions. This advanced encryption technology ensures that the ledger can't be altered or tampered with, making it a reliable way to track transactions.

As an artist who has achieved success in this new space, Raven wishes to assist other artists in understanding and learning more about this new ecosystem. He emphasizes that he's not an expert, but simply here to share information and experiences.

If you found this breakdown helpful, be sure to pass it on and drop your questions and suggestions for the next web3 term you want broken down in the comments below. Let's grow together!

To Learn More: https://www.50mmcollective.com/

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