Why does blockchain transform into currency (why blockchain is tamper-proof)

Why does blockchain transform into currency? What makes blockchain become a form of currency, an asset, and various tokens that can be used for trading?

We know that Bitcoin is an encrypted digital currency supported by computer code. However, between January 2017 and December 2018, its transaction volume exceeded 5 trillion BTC (equivalent to 400 million US dollars), which means that digital commodities worth 1 billion US dollars can circulate in it. One of the most representative applications in these scenarios, called “tokens”, is Bitcoin. Bitcoin has been operating with the core concept of decentralization and anonymity since its inception, its price has skyrocketed, and it has gradually formed a unique ecosystem—because it is the first user-controlled virtual ledger system. The “deflation mechanism” (Proof-Of-Stake) is the technology that converts algorithms into programmable digital certificates. Through this technology, it can ensure that no individual or organization can change the rules to maintain their interests. The main uses of Bitcoin include: 1. Storing value; 2. Value storage; 3. Medium of exchange; 4. Means of payment; 5. Financial instruments, securities.

Why is blockchain tamper-proof?

According to cointelegraph news, the immutability feature of blockchain technology is considered an important advantage of the Internet. In computer systems, there is a rule called “modifiable records”: anyone can modify, change, or delete information without changing its code. This means that users can delete or permanently withdraw their data from a platform without relying on third parties to maintain and update these records.

Why is blockchain called unmanipulable? This is because people will find that something is controlled by a certain entity. If a person does not fully understand what they are doing (including whether they know it) and modifies the file.