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Other => Beginners & Help => Topic started by: cavinn09 on May 16, 2019, 11:59:39 AM



Title: Blockchain technology mean?
Post by: cavinn09 on May 16, 2019, 11:59:39 AM
It is too complex to understand. How works blockchain technology?


Title: Re: Blockchain technology mean?
Post by: arbiter5 on May 16, 2019, 12:02:12 PM
Beginner’s Guide to Blockchain — Explaining it to a 6 Year Old https://hackernoon.com/beginners-guide-to-blockchain-explaining-it-to-a-6-year-old-86afa54a5fa8


Title: Re: Blockchain technology mean?
Post by: bitmover on May 16, 2019, 12:47:56 PM
It is too complex to understand. How works blockchain technology?

In simple terms, Blockchain is just a decentralized database.
A slow and heavy database. It works for bitcoin because it must be decentralized and you don't need to trust anyone to use it.

Many people want to put everything in blockchain, but that's really not necessary, nor useful.