Bitcoin Forum

I wish to know about the Blockchain tech and if it's really that great.

Blockchain technology is often cited as the best solution for inefficiency or waste in the financial sector, but also has the potential to make broader positive social impacts if implemented properly, some of which are instant and efficient data transmission, all transactions and storage data is guaranteed security because it is replicated across the blockchain network so that to change one data the hacker must also change the same data on all other user's computers at the same time

Yes it is that great. The best thing humans have invented in the monetary world since the beginning. And it can be used in many other areas of life. But not all blockhains are created equal. Bitcoin, for example has the best and strongest blockchain secured by many powerful miners. So be careful when you judge the technology, if the blockchain is not secured and backed by enough hashrate it may backfire on the users. Like anything else in life, judge the blockhain tech on a case by case basis.

Although seems baffling at first to newbies, blockchain technology is one pure godsend that the world has been asking for a long time. It's not clear about which aspect you want to learn so perhaps you could be more specific about your querey. That might help you and the people who would break it down to you. Because, rest assured, it is one vast field.

Blockchain was originally designed to solve the spending problem without the need of a central server. It's a decentralized digital ledger that records transactions from many computers.

Bro if you are serious to know about blockchain tech from scratch then spare some time, internet is full of information about blockchain, you can google it, youtube it or read about it on this forum.

Yes it is great you need to know about block chain technology more. Just surf around the google search or wikipedia or somewhere else. All the time and even in future there is no bigger technology in the market to replace the bitcoin or block chain technology.
Hopefully you may search the things on Google and read more about it

Here you ask any mind of clarification and discuss about the crypto related platform. Most of the people use it put their spam posts or anything. Hope you would not do that.

You aren't late to the party blockchain innovation is would advise you to learn important knowledge about this technology and you will be glad you did, it is the future of money.