DISCLAIMER :
This article and its content have been produced and disseminated for persons outside of the United Kingdom. The information provided is not directed at or intended for distribution to, or use by, any person or entity located within the UK. The financial products and services mentioned in this article are not eligible for the UK. Cryptoassets are classified as Restricted Mass Market Investments in the UK, meaning that they are high-risk investments and are not suitable for most retail investors.

We often talk about “the blockchain” like it’s a single thing—but in reality, there are many blockchain networks, each with its own rules, purpose, and technology. A blockchain network is a system of computers (also called nodes) that work together to maintain a shared digital ledger. Every node has a copy of all the data and helps verify transactions. There’s no central control—everyone on the network plays a part in keeping it secure and up to date.

When you hear about networks like Bitcoin, Ethereum, Solana, or Polygon, you’re hearing about different blockchains with different features. Some are built for security. Others focus on speed, lower costs, or building apps.
For example:

• Bitcoin is focused on peer-to-peer digital payments.
• Ethereum is designed for smart contracts and apps.
• Polygon helps Ethereum scale by being faster and cheaper.

Each network has its own digital currency (like BTC for Bitcoin or ETH for Ethereum) and runs independently.These networks are what allow digital assets to move around, apps to run, and records to stay secure. Without them, blockchain technology wouldn’t exist.

Blockchain networks are also public—you can view all transactions at any time. This makes them transparent and trustworthy. In short, a blockchain network is like the digital foundation that powers everything from sending coins to building entire decentralized apps. It’s what makes the technology behind crypto work.

Please note: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments involve significant risk and may not be suitable for all investors. Readers should conduct their own research and consult financial advisors before engaging in any crypto-related activities. Bitsquack does not guarantee specific outcomes and disclaims all liability for potential losses arising from investment decisions.