Blockchain technology mean?

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Topic: Blockchain technology mean? (Read 255 times)

cavinn09 (OP)

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Blockchain technology mean?

May 16, 2019, 11:59:39 AM

It is too complex to understand. How works blockchain technology?

1714964911

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arbiter5

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Re: Blockchain technology mean?

May 16, 2019, 12:02:12 PM

Beginner’s Guide to Blockchain — Explaining it to a 6 Year Old https://hackernoon.com/beginners-guide-to-blockchain-explaining-it-to-a-6-year-old-86afa54a5fa8

"The cybereconomy could well be the greatest economic phenomenon of the next thirty years."
— The Sovereign Individual

bitmover

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Re: Blockchain technology mean?

May 16, 2019, 12:47:56 PM

Quote from: cavinn09 on May 16, 2019, 11:59:39 AM

It is too complex to understand. How works blockchain technology?

In simple terms, Blockchain is just a decentralized database.
A slow and heavy database. It works for bitcoin because it must be decentralized and you don't need to trust anyone to use it.

Many people want to put everything in blockchain, but that's really not necessary, nor useful.

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