Bitcoin Forum
December 13, 2024, 01:22:08 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Still confused with Blockchain  (Read 147 times)
serizawax (OP)
Jr. Member
*
Offline Offline

Activity: 98
Merit: 9


View Profile
March 03, 2018, 04:07:31 PM
 #1

until now I'm still confused about blockchain, does the blockchain run automatically, or is there a controlling party ?. if eg automatic anyway, surely there is the creator/inventor, who is the inventor? , surely he knows more deeply about blockchain, or maybe he can control it.
adelaisav
Jr. Member
*
Offline Offline

Activity: 462
Merit: 2


View Profile
March 03, 2018, 08:06:20 PM
 #2

until now I'm still confused about blockchain, does the blockchain run automatically, or is there a controlling party ?. if eg automatic anyway, surely there is the creator/inventor, who is the inventor? , surely he knows more deeply about blockchain, or maybe he can control it.

Satoshi Nakamoto. Satoshi Nakamoto is who utilized bitcoin and made its unique reference execution called Blockchain. As a major aspect of the usage, they additionally formulated the principal blockchain database. By outline, the blockchain is a decentralized innovation. ... A worldwide system of PCs utilizes blockchain innovation to mutually deal with the database that records Bitcoin transaction and nodes.
ManaMan
Member
**
Offline Offline

Activity: 238
Merit: 38


View Profile
March 03, 2018, 08:13:34 PM
 #3

until now I'm still confused about blockchain, does the blockchain run automatically, or is there a controlling party ?. if eg automatic anyway, surely there is the creator/inventor, who is the inventor? , surely he knows more deeply about blockchain, or maybe he can control it.

Blockchain is a simple ledger, that was made to function in decentralized environment. It runs automaticly with the help of nodes and miners. Nobody knows who exactly is or what is Satoshi Nakamtoto - creator or inventor of bitcoin.

If you want more in depth check out this book Mastering Bitcoin: Programming the Open Blockchain by Andreas M. Antonopoulos, it is available on github: https://github.com/bitcoinbook/bitcoinbook
Pages: [1]
  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!