Bitcoin Forum

Other => Beginners & Help => Topic started by: Nandiwal on February 15, 2016, 04:14:30 PM



Title: What is blockchain?
Post by: Nandiwal on February 15, 2016, 04:14:30 PM
toady i read here about Blockchain...
want to know more about it..


Title: Re: What is blockchain?
Post by: Gutemberg on February 15, 2016, 04:43:37 PM
toady i read here about Blockchain...
want to know more about it..

it's simply just google it, here's the explanation from bitcoin Wiki

https://en.bitcoin.it/wiki/Block_chain

enjoy the read!


Title: Re: What is blockchain?
Post by: CryingMidget on February 15, 2016, 08:37:59 PM
toady i read here about Blockchain...
want to know more about it..


Block chain everything for bitcoin world, Create your wallet and Google about that, open your wallet in blockchain.info its to understand about it better.


Title: Re: What is blockchain?
Post by: Karpeles on February 15, 2016, 09:30:32 PM
blockchain is a block explorer and online wallet( blockchain.info )
blockchain also is the history of all bitcoin transactions since bitcoin has been created.


Title: Re: What is blockchain?
Post by: Hugroll on February 16, 2016, 12:06:43 AM
toady i read here about Blockchain...
want to know more about it..
blockchain is like the public ledger for bitcoin, it has records of every bitcoin transaction ever done. thats why it takes forever to download lol.


Title: Re: What is blockchain?
Post by: outatime1 on February 16, 2016, 01:52:49 AM
Apparently it's like a spreadsheet and blockchains can be created outside of bitcoin from what I understand.


Title: Re: What is blockchain?
Post by: 23dzmaz on February 16, 2016, 02:05:59 AM
toady i read here about Blockchain...
want to know more about it..

Blockchain is an online bitcoin wallet for stored  your bitcoin. it's like bank in real life though. But blockchain don't have interest like bank, it's only stored your bitcoin. CMIIW


Title: Re: What is blockchain?
Post by: JumperX on February 16, 2016, 02:20:53 AM
toady i read here about Blockchain...
want to know more about it..

Blockchain is an online bitcoin wallet for stored  your bitcoin. it's like bank in real life though. But blockchain don't have interest like bank, it's only stored your bitcoin. CMIIW

thats the blockchain (as wallet and block explorer) but the realy blockchain in bitcoin world is the chain of network for all the data of transactions done since day1


Title: Re: What is blockchain?
Post by: Sturgeon on February 16, 2016, 02:29:09 AM
toady i read here about Blockchain...
want to know more about it..
GOOGLE know everything what you want to learn ::)
https://www.google.com/#q=blockchain


Title: Re: What is blockchain?
Post by: outatime1 on February 16, 2016, 11:15:36 PM
It also keeps track of all bitcoin transactions as an open ledger


Title: Re: What is blockchain?
Post by: relq on February 17, 2016, 07:36:40 AM
Blockchain is a bitcoin wallet. It used for store and keep your bitcoin. It's like when you received your bitcoin from faucets and signature campaign so it goes to your wallet. blockchain.


Title: Re: What is blockchain?
Post by: jayce on February 17, 2016, 04:22:21 PM
Blockchain is a bitcoin wallet. It used for store and keep your bitcoin. It's like when you received your bitcoin from faucets and signature campaign so it goes to your wallet. blockchain.

Blockchain is more than just an online wallet. Blockchain is actually just another block explorer of bitcoin, probably one of the oldest block explorer however not the most reliable and it contains alot of ads, apart from that the other feature of it would be the online wallet feature however it is by far the less secure wallet around


Title: Re: What is blockchain?
Post by: RodeoX on February 17, 2016, 04:27:12 PM
It is the unalterable record of every bitcoin transaction in history. A "public ledger".


Title: Re: What is blockchain?
Post by: socks435 on February 17, 2016, 04:31:57 PM
Blockchain is a bitcoin wallet. It used for store and keep your bitcoin. It's like when you received your bitcoin from faucets and signature campaign so it goes to your wallet. blockchain.
I think its not just a bitcoin wallet.  And i think bitcoin is a public ledger of all Bitcoin transactions.
It records all transaction that we send..  You can read this article to know about more in block chain..
http://www.investopedia.com/terms/b/blockchain.asp


Title: Re: What is blockchain?
Post by: notlist3d on February 17, 2016, 05:37:34 PM
Blockchain is a bitcoin wallet. It used for store and keep your bitcoin. It's like when you received your bitcoin from faucets and signature campaign so it goes to your wallet. blockchain.
I think its not just a bitcoin wallet.  And i think bitcoin is a public ledger of all Bitcoin transactions.
It records all transaction that we send..  You can read this article to know about more in block chain..
http://www.investopedia.com/terms/b/blockchain.asp

The two seem to get confused sometimes.  Blockchain.info was very smart on their naming, that and business sense they have become a HUGE bitcoin company.  They just do the majority of hot wallets.

But blockchain in general is totally different then blockchain.info.   I think OP wanted to know more about the blockchain behind BTC not the wallet.  There are some pretty good videos on the topic I would suggest OP hit youtube and take a look.


Title: Re: What is blockchain?
Post by: elloco4ever on February 17, 2016, 05:46:57 PM
Blockchain is a bitcoin wallet. It used for store and keep your bitcoin. It's like when you received your bitcoin from faucets and signature campaign so it goes to your wallet. blockchain.
I think its not just a bitcoin wallet.  And i think bitcoin is a public ledger of all Bitcoin transactions.
It records all transaction that we send..  You can read this article to know about more in block chain..
http://www.investopedia.com/terms/b/blockchain.asp

Yes its really a good application apart from bitcoin wallet , we feel secure using blockchain and it has all the track of our transactions.


Title: Re: What is blockchain?
Post by: lolxxxx on February 17, 2016, 06:14:02 PM
Blockchain.info , you can make wallet there and use the address to receive and send money,You can make multiple addresses , You can send multiple payments in one transaction you can store bitcoins in it .It's a pretty good thing.Please read the both links you will understand more what is it .

https://blockchain.info/wallet/bitcoin-faq
http://www.investopedia.com/terms/b/blockchain.asp


Title: Re: What is blockchain?
Post by: Supercrypt on February 18, 2016, 07:47:58 AM
Blockchain is a bitcoin wallet. It used for store and keep your bitcoin. It's like when you received your bitcoin from faucets and signature campaign so it goes to your wallet. blockchain.

Blockchain is more than just an online wallet. Blockchain is actually just another block explorer of bitcoin, probably one of the oldest block explorer however not the most reliable and it contains alot of ads, apart from that the other feature of it would be the online wallet feature however it is by far the less secure wallet around
Yeah. It's more like a database storing all the transactions. Why would you say the wallet is less secure? If we own our private key, we own the wallet as well which makes blockchain more reliable and widely used by many forum members. I doubt anyone never having owned a blockchain wallet ever or not having heard of it.


Title: Re: What is blockchain?
Post by: arbitrage on February 20, 2016, 11:10:47 AM
Blockchain is future of money transferring that's for sure!
Witch system will prevail we will see.
Bitcoin is First and one of many on blockchain!


Title: Re: What is blockchain?
Post by: teddy5145 on February 20, 2016, 12:01:05 PM
There's 2 version of blockchain
Blockchain wallet, where you can open and store all of your Bitcoin there (Though i don't recommend it as it has security flaws)
The second one is blockchain.info
Blockchain.info serves as ledger for bitcoin where you can see all of the transactions that is currently happening in Bitcoin world ;)
And you can peek inside someone's wallet and see their balances also :P


Title: Re: What is blockchain?
Post by: leowonderful on February 20, 2016, 12:46:41 PM
The blockchain I think you are referring to is the one that stores all the information in bitcoin about mined blocks, transactions, and pools. You can check other peoples balances and transactions as well, and look at unconfirmed transactions and confirmed alike.


Title: Re: What is blockchain?
Post by: btcltccoins on February 29, 2016, 06:59:02 AM
toady i read here about Blockchain...
want to know more about it..

blockchain is a online internet banking system,you should create blockchain wallet then you will know better.