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Author Topic: Describe the blockchain in one sentence  (Read 4488 times)
Amph
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April 12, 2015, 04:38:51 PM
 #81

decentralized register of all transactions, that also function as the best online wallet
NyeFe
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April 12, 2015, 04:50:37 PM
 #82

Western Union killer,
Paypal killer,
Bank killer,
Fiat killer,
Killer of all government and financial evil,
Digital gold

MicroDApp.com—Smart Contract developers. Lets build a decentralized future!
HCLivess
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April 13, 2015, 02:01:42 PM
 #83

truth though numbers

PauloLuks
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March 19, 2018, 11:45:38 AM
 #84

Blockchain is a term widely used to represent an entire new suite of technologies.
There is substantial confusion around its definition because the technology is early-stage, and can be implemented in many ways depending on the objective.
Bisul
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March 21, 2018, 08:49:44 AM
 #85

Most of the world of cryptocurrency technologies such as Bitcoin rely on database forms with the advantage of being able to track large and secure transaction volumes. The technology used by many digital currencies is Blockchain.
fairytale
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March 21, 2018, 09:24:41 AM
 #86

Blockchain builds bitcoin and other cryptocurrencies.
paykal5
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March 21, 2018, 09:52:54 AM
 #87

The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.
nazaididuan1
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March 21, 2018, 10:07:50 AM
 #88

Blockchain is a technology,

It addresses the core "trust" problem in the market economy, reducing the cost of trust between strangers to extremely low levels.

⮘Pre-ICO Start - 27.04.2018⮚ ⮘https://wbb.io/⮚
andregunawan1
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March 25, 2018, 04:16:01 PM
 #89

an integrated transaction logging technology with modern technology, which has a unique, immutable code that revolutionizes the workings of the Internet, banking and other things
AnnaSitnikova
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March 26, 2018, 09:03:12 AM
Last edit: March 26, 2018, 09:29:32 AM by AnnaSitnikova
 #90

Blockchain is a completely transparent system, thanks to which in the future the world will change for the better!
Janpura
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April 24, 2018, 02:35:30 AM
 #91

I get asked alot about bitcoin and how the blockchain works by friends and family who are interested and I can never give a straight answer.

What do you guys tell your friends and how would you describe the blockchain in one sentence/paragraph?

Tom


Blockchain is a system a public ledger that all cryptocurrency transactions are being recorded and
added  in chronological order.
blockchain help the market in transaction made easily.
Atits
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April 24, 2018, 02:42:01 AM
 #92

Blockchain is a decentralized, distributed and public digital ledger that is used to record transactions across many computers so that the record cannot be altered retroactively without the alteration of all subsequent blocks and the collusion of the network.

Blockchain is a database that serves all participants, is owned by all participants, but does not belong to anyone in particular and is not controlled by anyone in particular.
jame suny
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April 24, 2018, 03:02:55 AM
 #93

i see it as an innovation that has the potential to change our currently much dated financial system.
Dudeperfect
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April 24, 2018, 04:39:01 PM
 #94

The word blockchain itself is self-explanatory. It's the chain of blocks associated with each other and everyone has access to every block that means there is a decentralization philosophy. We are able to control our data without the help of any third party and that's the USP of the blockchain. If someone asked me to explain it in a single sentence, I would say "Decentralization of the data with the help of modern smart technology".
freshm4ker
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May 07, 2018, 03:17:31 PM
 #95

Blockchain is a digital book of common accounts containing modern encrypted values with transactional trust between enforced accounts using strong mathematical principles that can not be hacked by anyone with a strong security system. Cool
malbano2099
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May 07, 2018, 03:35:26 PM
 #96

the vast majority of the universe of digital money innovations, for example, Bitcoin depend on database frames with the upside of having the capacity to track extensive and secure exchange volumes. The innovation utilized by numerous advanced monetary forms is Blockchain.
oscarclows
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May 07, 2018, 07:39:36 PM
 #97

Bitcoin Transaction confirmation checker by Hash OR BTC path checker.

Thanks....... Smiley
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avatar and signature space for rent !!!


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May 07, 2018, 07:47:19 PM
 #98

Blockchain is a digital book of common accounts containing modern encrypted values with transactional trust between enforced accounts using strong mathematical principles that can not be hacked by anyone with a strong security system. Cool
cannot be determine quickly this also needs strong knowledge that anyone can understand how does it may ever had to work on.
Houseman
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May 08, 2018, 08:24:58 AM
 #99

Blockchain is a digital ledger in which transactions are recorded chronologically and publicly.

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May 10, 2018, 03:50:17 AM
 #100

Modern technology gives people a certain degree of control but must follow the core indeterminacy principle.
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