# Blockchains

A blockchain is an immutable (permanent), *decentralized* record of transactions. All cryptocurrency transactions are recorded and stored in a public record that everyone can view and no one can change. More specifics on how blockchains work can be explained in this [video](https://www.youtube.com/watch?v=kHybf1aC-jE\&list=PLHx4UicbtUoYPDWk2aUwZoVKMkdRKtKWe\&index=7). What is important to know as a new user is that each blockchain is slightly different from each other. Transaction speed and *gas fees* (see glossary for definition of italicized words) differ per chain as well as the *dapps* and cryptocurrencies that are native to the chain.

The first step is to decide what blockchain to use. For each blockchain, it is important to consider their longterm goals, the volume of people on the chain, the dapps on the chain, the gas fees, and the transaction speed.


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