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Author Topic: HOW BLOCKCHAIN WORKS?  (Read 252 times)
JonSnow666
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September 08, 2017, 01:32:51 AM
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Okay, I'm just interested how blockchain works for bitcoin.

Anyone willing to help me to understand blockchain in a simple discussion.

Sorry for this topic, I'm a newbie.
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Ethirald
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September 10, 2017, 01:25:49 PM
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https://bitcoin.org/bitcoin.pdf


Here you are the basic of what you asked (:
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September 10, 2017, 02:06:45 PM
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Blockchain is decentralized public ledger of transaction settlement and confirmation
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September 10, 2017, 03:48:43 PM
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Okay, I'm just interested how blockchain works for bitcoin.
blockchain is just a chain of blocks. miners put the transaction together and make a "block" then these blocks are added together to make the blockchain.
read these: https://bitcoin.org/en/ watch the video
https://bitcoin.org/en/how-it-works

there are more at coindesk:
https://www.coindesk.com/information/how-does-blockchain-technology-work/

Anyone willing to help me to understand blockchain in a simple discussion.

Sorry for this topic, I'm a newbie.
no need to be sorry, just do a little search first then ask a more specific question here. your question is too vague and to broad.

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September 10, 2017, 03:58:06 PM
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https://bitcoin.org/bitcoin.pdf


Here you are the basic of what you asked (:

Exactly, we can't explain it by writing a post here, it would be way too long. If you don't want to learn it wrongly, learn it only from official sources like bitcoin.org and other official sources. The rest would be giving disinformation to you.
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September 10, 2017, 04:18:33 PM
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I think the innovative point is that a block contains information concerning the previous block, so it forms a chain, with continuous information.  A single former block cannot be changed since it's linked to the previous and the next block, like a chain.
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September 10, 2017, 04:23:49 PM
 #7

I find this guide quite helpful to understand how bitcoin/blockchain works. Even a non technical guy will understand the basic of blockchain after reading this one.
The Human Blockchain: Bitcoin Explained Without Technology
https://cointelegraph.com/news/the-human-blockchain-bitcoin-explained-without-technology

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Qartersa
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September 10, 2017, 04:29:19 PM
 #8

Okay, I'm just interested how blockchain works for bitcoin.

Anyone willing to help me to understand blockchain in a simple discussion.

Sorry for this topic, I'm a newbie.

Newbie or not you should really understand and learn how the search button works. Then aside from that there is a whole array of knowledge that can be found if you just tried googling the term. By searching, there might even be better answers coming from google than what you might get on this forum.

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