Bitcoin Forum
May 05, 2024, 12:16:45 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: How do blockchain technology work in your country ???  (Read 185 times)
barlo357
Full Member
***
Offline Offline

Activity: 574
Merit: 100



View Profile
May 12, 2018, 10:10:24 PM
 #21

We're not using it as the moment in my country but it will introduce the technology gradually in my homeland and I think it will be useful and make a big impact in future.

1714868205
Hero Member
*
Offline Offline

Posts: 1714868205

View Profile Personal Message (Offline)

Ignore
1714868205
Reply with quote  #2

1714868205
Report to moderator
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
Applechild
Member
**
Offline Offline

Activity: 392
Merit: 10


View Profile
May 12, 2018, 10:29:54 PM
 #22

it is a bit difficult her in my country, last year the government warned those involved in it to desist or get arrested. one thing i realized is that the government lack complete knowledge of the usefulness of this technology and now attributes it to a ponzy scheme. if someone see you doing bounty, they feel you are doing something illegal but since i am aware of their orientation, i dont let it get to me. i see a time coming when all government will sort after blockchain technology.
Brangos99
Member
**
Offline Offline

Activity: 186
Merit: 10


View Profile
May 13, 2018, 03:37:12 PM
 #23

How blockchain works in my country, blockchain uses a decentralized system that enables efficiency for its users. Experience, when we buy digital coins, the computer system that will connect the blockchain network will record, store, and provide validity automatically with the system.
Arcoin1
Newbie
*
Offline Offline

Activity: 196
Merit: 0


View Profile
June 01, 2018, 05:50:23 AM
 #24

Blockchain technology works as a top security system in our country as it is all over the world. Today, banks provide protection for systems with 250bit, while Blockchain is a system with 4000bit.
bibitao58
Newbie
*
Offline Offline

Activity: 23
Merit: 0


View Profile
June 02, 2018, 02:52:21 AM
 #25

It seems to me that in all large and developed countries, blockchain has been successfully used for over a year. A few years later, technology will be used in small and underdeveloped countries.
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!