Blockchain

[sajedul islam]

I don't have a good idea about blockchain.
What I need to do to better understand what a blockchain is and how it works. If I follow something well, I will be able to acquire perfect skills about blockchain

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[Lucius]

It is best to read it yourself and try to understand what it is about, but the thing is actually very clear if you want to understand only the basics and even a little more than that. In layman's terms, blockchain is a database of all transactions made so far since the first mined block.  Each block of information contains something called a hash, which then connects it to the next block, making a data chain called a blockchain. The information in these blocks is permanent and immutable, which prevents the misuse and creation of fake BTC or fake transactions.

What is interesting is that the term blockchain was not coined by Satoshi himself, but it was coined later probably by those who tried to copy Bitcoin (altcoins makers). Satoshi used the term time chain.

Block chain

[Rizzrack]

As Lucius wrote earlier best thing is to read about it. I would suggest this: Mastering Bitcoin (Second Edition, Second Print): Programming the Open Blockchain. It's free and you read it directly from github.
There's a lot of info so take your time... read, ask and things will start to make sense.

[Lordhermes]

Blockchain is like a notebook where all transactions and activities done on its network are recorded, it contains date, time of transactions, suspicious transactions can be tracked when checked through that notebook that's why many organization had adopted the use of blockchain like UNICEF, paypal, Alibaba and many others to monitor, store, transact, data.

[winterlemon912]

Most of them are already give the things you need to learn in blockchain and the only thing you need is to study this to learn more. Also, I want to share my knowledge, perspective, and a basic understanding of blockchain in the simplest form.

Blockchain let's break it down the world first

Block consists of consist of all of the information such as data, files, and records.

Chain is consists of a number of blocks connected to each other.

We are using the blockchain because we want to store our information such as the transactions and those blocks are encrypted, each block is creating another encryption and past the information to the other block and the cycle begins which example is all of the transactions we made in cryptocurrency are transparent because of the help of blockchain.

[seoincorporation]

I don't have a good idea about blockchain.
What I need to do to better understand what a blockchain is and how it works. If I follow something well, I will be able to acquire perfect skills about blockchain

There are many ways to understand blockchain, you can read all the theory or you can jump direct to the practice... My way to understand how blockchain works were by installing a Doge Node, When you understand how a node is updated with all the blocks and how can you ut transactions inside those blocks then you will understand blockchain. And i recommend starting with dogecoin because is cheap and fast.

[fillippone]

Bitcoin and Blockachain are amonsgt the most difficult subject to understand.
Theese topics ara at the conjunction of very different knolwdge fields: parallel computing, economic theory, crittography, game theory. Being able to have a good undertanding on more than one of these topics might b very difficult.

I collected a few resources, where you can learn a lot about bitcoin (and blockchain), from the beginner level to medium-advanced:

5 Resources to teach Average Joe about Bitcoin

Hope it helps.

[Assface16678]

Each block consist of information and which is many users want to use this kind of platform which is the use of blockchain and most of the time you can see this method of storing into cryptocurrency because it is more secured and transparent we want to see the information of the process of the method if it is going into a confirmation or not.

Today some of the storing processes is made by the blockchain and because they want to make secure all of the transactions and information, as far as I know, there is a company support the use of it on the businesses and this is the Vechain it is already posted on the altcoin discussion with peanutswar.

[daneal stev]

I recommend that you do the research yourself so that you can understand everything in detail about this technology But quite simply, blockchain is a software technology that appeared in 2009 and this technology is based on the peer-to-peer system and that this technology is decentralized, that is, no one can control it, and that all transactions that take place within this technology are unknown and coded

[Subbir]

Blockchain is essentially a sort of power that creates bitcoins dynamic facilitates the transfer between bitcoins and keeps track of all its transactions. In real-world and online transactions are usually addressed seemingly with no problems using conventional paper money or any digitally signed object you'll get information by observing different sites of the forum to understand more alternative ways.

[pakhitheboss]

Do a google search with Blockchain as keyword and you will see millions of websites explaining the technology. This something which you can easily find on Google rather than creating a topic here. If you want to know about cryptocurrencies and especially about Bitcoin then this is the right place to find your answers.

[Krislaw]

General meaning of a blockchain is a block of chain where transactions are stored for evidence. You can't delete the records. No one can.
Blockchain is very broad and not a thing you can learn in just one day. There a lot of books about blockchain.
It's different world entirely.

[CandelaCoin]

Publicly accessible distributed ledger that records all transactions and cannot be edited, changed, or deleted by anyone.

[Velkro]

I don't have a good idea about blockchain.
What I need to do to better understand what a blockchain is and how it works. If I follow something well, I will be able to acquire perfect skills about blockchain

What skills about blockchain? You probably really have no clue what it is. Its mostly buzz word, because only real and known use of blockchain is Bitcoin itself.
So Bitcoin is Blockchain.
Its distributed database (do you know what database is?), thats it. How it works and what are differences with normal database, its very easy to read about but you will need probably more basics about computers first.

[Cryptoababe]

According to the way I understand it Basically
Blockchain is network that deals with recording of transactions, assets or any other things without the approval of third party.
The process will be approved by the user, made with the blockchain network and recorded with the blockchain network.
The record ID or Transaction ID will be made know.
Although, currently, there are different kind of blockchain network. But this is the basic thing you should know.

[Kawins05]

There's a lot of explanation about "Blockchain" but this would be the best and essential for you to know about block chain. This is not the typical information that you expected like a little "complicated" but this was a basic. Try read this article it's interesting!


Source: https://cryptodetail.com/how-explain-blockchain-my-grandma

I hope it helps a lot.

[Cadaver20]

I myself know less about this. So I can't help you by myself. However, I would suggest you to read some topics which will give you a good idea about blockchain.

1. What is Blockchain Technology?
2. What is Blockchain Technology? A Step-by-Step Guide For Beginners
3. Blockchain: Everything You Need to Know
4. “How does the Blockchain Work? (Part 1)” by Collin Thompson

Hopefully reading these topics will give you a better idea about blockchain.

[Negotiation]

A blockchain is a decentralized fragmented and general digital database used to record the transactions of many computers so that a change of record is not possible without changing the block in some way and resulting in disruption of the network.

Blockchain is a completely public registration Each participant in the network can view information about all entries The cryptographic network security process using calculations created by billions of processors around the world makes it Bitcoin network it is highly decentralized and attack resistant.

[durilup]

You can access Youtube for this type of informations . There are thousands of video from different content creators . Some of them maybe on your understandings some not.

[Krislaw]

You can access Youtube for this type of informations . There are thousands of video from different content creators . Some of them maybe on your understandings some not.

Also have it in mind that infos from some youtubers can also be misleading.
Some runs pump and dump channel and pumps don't always end well. Some gives investment advise, flaunting riches online. They look for referrals for ponzi schemes.
We should be careful when sourcing for infos, especially on youtube