WTF is the Blockchain?

For those still befuddled, here's a valiant attempt at a layman's explanation:

Unless you’re hiding under the rock, I am sure you’d have heard of Bitcoins and Blockchain. After all, they are the trending and media’s favorite topics these days — the buzzwords of the year. Even the people who’ve never mined a cryptocurrency or understand how it works, are talking about it. I have more non-technical friends than technical ones. They have been bugging me for weeks to explain this new buzzword to them. I guess there are thousands out there who feel the same. And when that happens, there comes a time to write something to which everyone can point the other lost souls to — that’s the purpose of this post — written in plain english that any regular internet user understands. 

Read it here, now.