Title: What is the blockchain? Post by: CodingCentre on January 19, 2015, 12:05:18 AM I'm new and not very well informed so I want to know how a service like blockchain.info gathers its information? where does it get the data from of all the transactions? A node? if so does that mean anyone running a full node can monitor the whole blockchain via their local machine? How would you do this? Is there anyway I can monitor the blockchain that means all transactions without using a third party site like blockchain.info or any other block explorer?
Title: Re: What is the blockchain? Post by: newIndia on January 19, 2015, 12:10:43 AM To answer the title of the topic, blockchain is a decentralized public ledger.
For the rest in details, please start from https://en.bitcoin.it/wiki/FAQ Title: Re: What is the blockchain? Post by: cr1776 on January 19, 2015, 12:17:01 AM I'm new and not very well informed so I want to know how a service like blockchain.info gathers its information? where does it get the data from of all the transactions? A node? if so does that mean anyone running a full node can monitor the whole blockchain via their local machine? How would you do this? Is there anyway I can monitor the blockchain that means all transactions without using a third party site like blockchain.info or any other block explorer? 1. Yes, it gathers it by running a node.2. Yes, anyone running a full node can monitor it with software that understands the protocol. 3. Yes, run a full node and then use software to monitor the parts you wish to monitor. In short, you can run a full node and then write your own or use open source block explorer type software. If you are looking for something out of the box, requiring no technical knowledge, that probably isn't out there right now. Title: Re: What is the blockchain? Post by: orsotheysaid on January 20, 2015, 12:39:22 AM If you are like me then you'll learn better with visual and audio, this is a good video:
https://www.youtube.com/watch?v=1tVaA57sP9k Title: Re: What is the blockchain? Post by: WX_Gunny on January 20, 2015, 08:31:31 AM If you are like me then you'll learn better with visual and audio, this is a good video: https://www.youtube.com/watch?v=1tVaA57sP9k thanks for link dogechain and litechain working same as blockchain? Title: Re: What is the blockchain? Post by: maurya78 on January 20, 2015, 09:49:27 AM a gigantic, decentralised ledger that is beyond manipulation or alteration
Title: Re: What is the blockchain? Post by: Muhammed Zakir on January 20, 2015, 01:18:21 PM I'm new and not very well informed so I want to know how a service like blockchain.info gathers its information? where does it get the data from of all the transactions? A node? if so does that mean anyone running a full node can monitor the whole blockchain via their local machine? How would you do this? Is there anyway I can monitor the blockchain that means all transactions without using a third party site like blockchain.info or any other block explorer? 1. Yes, it gathers it by running a node.2. Yes, anyone running a full node can monitor it with software that understands the protocol. 3. Yes, run a full node and then use software to monitor the parts you wish to monitor. In short, you can run a full node and then write your own or use open source block explorer type software. If you are looking for something out of the box, requiring no technical knowledge, that probably isn't out there right now. You can find an opensource block explorer called Abe. I there is guides out there. You can use it and create a better one. Theread : https://bitcointalk.org/index.php?topic=22785.0 Github : https://github.com/bitcoin-abe/bitcoin-abe ~~MZ~~ Title: Re: What is the blockchain? Post by: Salmon1989 on January 20, 2015, 01:25:28 PM If you are like me then you'll learn better with visual and audio, this is a good video: https://www.youtube.com/watch?v=1tVaA57sP9k thanks for link dogechain and litechain working same as blockchain? If you mean "dogechain.info" and blockchain.info", then yes. dogechain.info is a site monitoring the dogecoin blockchain, just like how blockchain.info is montoring the bitcoin blockchain. Title: Re: What is the blockchain? Post by: Amph on January 20, 2015, 04:10:56 PM blockchain is like all the road infrastructure, where all the cars are traveling
Title: Re: What is the blockchain? Post by: poisenrang on January 20, 2015, 04:50:02 PM If you are like me then you'll learn better with visual and audio, this is a good video: https://www.youtube.com/watch?v=1tVaA57sP9k thanks for link dogechain and litechain working same as blockchain? blockchain is for bitcoins only Title: Re: What is the blockchain? Post by: findftp on January 20, 2015, 04:53:07 PM a gigantic, decentralised ledger that is beyond manipulation or alteration Every time I read it I'm impressed. It's such a beautiful invention. For the first time in history history itself is able to be accurate! :) Title: Re: What is the blockchain? Post by: findftp on January 20, 2015, 04:55:19 PM If you are like me then you'll learn better with visual and audio, this is a good video: https://www.youtube.com/watch?v=1tVaA57sP9k thanks for link dogechain and litechain working same as blockchain? More or less yes, they have some different parameters. Many people think they should join those coins because they think they were too late for bitcoin. There is much debate around it and nobody is right yet. Time will tell. But I have my own strong opinion on it though. Title: Re: What is the blockchain? Post by: Muhammed Zakir on January 20, 2015, 05:12:36 PM If you are like me then you'll learn better with visual and audio, this is a good video: https://www.youtube.com/watch?v=1tVaA57sP9k thanks for link dogechain and litechain working same as blockchain? blockchain is for bitcoins only If you're telling about Blockchain.info, then yes, you are right! But if you are telling about block chain, sorry! Block chain is used in all cryptocurrencies AFAIK. :) its is the public ledger of the coin, I can't imagine a cryptocurrency without it! :o ~~MZ~~ Title: Re: What is the blockchain? Post by: sgk on January 21, 2015, 06:46:26 AM If you are like me then you'll learn better with visual and audio, this is a good video: https://www.youtube.com/watch?v=1tVaA57sP9k thanks for link dogechain and litechain working same as blockchain? Every crypto currency has its own block chain. Transactions for Bitcoins are stored in Bitcoin's block chain. Transactions for Dogecoin are stored in Dogecoin's block chain and so on... There are different ways to access these block chains. You can you many of the available sites (blockchain.info, blockexplorer etc.. just Google) to view Bitcoin's block chain (public ledger). Other currencies have their own explorers, you can find references on official sites of those coins. Title: Re: What is the blockchain? Post by: WX_Gunny on January 21, 2015, 08:33:51 AM thank you all guys!
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