lautantepi
Newbie
Offline
Activity: 98
Merit: 0
|
|
May 17, 2018, 03:24:32 AM |
|
Usually serves as a permanent public record of all transactions included in a valid mined block, But more than that, all nodes broadcast blockchain to each other.
|
|
|
|
|
|
|
"This isn't the kind of software where we can leave so many unresolved bugs that we need a tracker for them." -- Satoshi
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
jemerson1420
Newbie
Offline
Activity: 98
Merit: 0
|
|
May 17, 2018, 05:16:48 AM |
|
blochain the partner of currency or bank.
|
|
|
|
TheBraveDesolator
Newbie
Offline
Activity: 38
Merit: 0
|
|
May 17, 2018, 05:45:26 AM |
|
Technical:
Blockchain is an immutable and sequenced data structure that uses hashing algorithm.
Layman:
Blockchain is a technology used by cryptocurrencies to store transaction data in a very secured manner.
|
|
|
|
jpnl0008
Jr. Member
Offline
Activity: 364
Merit: 1
|
|
May 17, 2018, 05:51:03 AM |
|
The blockchain is a public, authenticated, write once ledger of transactions, providing transparency by being public, authentication via cryptography and security by being unmodifiable.
|
|
|
|
mriansa
|
|
May 17, 2018, 06:52:44 AM |
|
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
it seems that I can not describe bitcoin in just 1 sentence, but in general bitcoin is a digital currency that can be used for one of the payment methods when you buy something in the world of internet or real that can use bitcoin as payment.
|
|
|
|
Fire316
Newbie
Offline
Activity: 281
Merit: 0
|
|
May 17, 2018, 07:07:30 AM |
|
Decentralized and freedom because bkockchain is designed as a decentralized technology that use in global network computers to manage the database that records bitcoins transactions.
|
|
|
|
mohor
Newbie
Offline
Activity: 26
Merit: 0
|
|
May 17, 2018, 07:11:31 AM |
|
Just the actual blockchain and no point out of bitcoin or anything else? I wager sincerely put it is a decentralized virtual public ledger however that does not without a doubt tell a layman much about it to be honest.
|
|
|
|
queenlaurel
Jr. Member
Offline
Activity: 182
Merit: 1
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
|
|
May 17, 2018, 07:51:27 PM |
|
Bitcoin is the future and we gradually moving onto the future, it's also transparent, open, profitable and free for all who are interested.
|
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN www.wppenergy.io
|
|
|
Cookie Man
Newbie
Offline
Activity: 149
Merit: 0
|
|
May 17, 2018, 08:05:16 PM |
|
Blockchain is a secure platform upon which Decentralizwed transactions and public ledger is displayed
|
|
|
|
itsik78
|
|
May 17, 2018, 08:29:38 PM |
|
blockchain is a technology.to explain to friends more clearly, I always put in the example of the program utorrent.The principle of this program is more clear to tell briefly what it is
|
|
|
|
primarydumz
Jr. Member
Offline
Activity: 280
Merit: 1
|
|
May 17, 2018, 08:31:32 PM |
|
Blockchain is a public, authenticated, online ledger that tracks and verify every time the virtual money (cryptocurrency) is used on it.
|
▰✔♞❉▰ Globedx BOUNTY MANAGER ▰❉♞✔▰
|
|
|
mrben77
|
|
May 17, 2018, 08:42:11 PM |
|
Blockchain is a completely new way of transferring money without the participation of traditional banking networks, as well as the image of data storage in a transparent and unchanged form.
|
|
|
|
electronus
|
|
May 17, 2018, 08:49:12 PM |
|
A blockchain (block chain) is a distributed database that does not have storage devices connected to a shared server.
|
|
|
|
Stavr1992
Jr. Member
Offline
Activity: 210
Merit: 1
|
|
May 18, 2018, 08:31:22 AM |
|
Block (a chain of blocks) is a distributed database, in which storage devices are not connected to a shared server, this database stores an ever-growing list of ordered records called blocks.
|
|
|
|
cryptman77777
Newbie
Offline
Activity: 140
Merit: 0
|
|
May 18, 2018, 09:22:50 AM |
|
The blockchain is an entirely new way of transferring money without the involvement of traditional banking networks, as well as the way data is stored in a transparent and unchanged form.
|
|
|
|
whoisyourking
|
|
May 18, 2018, 09:33:25 AM |
|
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
Block chain is huge source of big bucks. This is realy works for me if someone asking me the same question. I am saying thag bitcoin is just a part lf the chain and the blockchain is the one who make transaction easy, annonimouslly and transparently.
|
|
|
|
fishball
Member
Offline
Activity: 336
Merit: 10
|
|
May 18, 2018, 10:15:47 AM |
|
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
Blockchains are records or what you call ledger in accounting that keep all the transactions being done.
|
|
|
|
berrieswithwine
Jr. Member
Offline
Activity: 36
Merit: 2
|
|
May 18, 2018, 10:18:11 AM |
|
A blockchain is an immutable (unchangable), decentralized open ledger.
|
|
|
|
SPQR_Legionnaire
Jr. Member
Offline
Activity: 34
Merit: 2
|
|
May 18, 2018, 10:20:40 AM |
|
It's also called DLT for distributed ledger technology, and that's it in its most basic form.
|
|
|
|
LKing
Newbie
Offline
Activity: 48
Merit: 0
|
|
May 18, 2018, 10:25:03 AM |
|
A blockchain is a decentralized network with a memory.
|
|
|
|
|