Altcoins Talks - Cryptocurrency Forum
Further Discussions => Blockchain Technology => Topic started by: totol02 on May 08, 2018, 06:11:23 AM
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Hey guyz
I am complete noob in crypto. I need to know what is a blockchain? How to use it and what if it goes offline? What affects it will occur on bitcoin.
I have tried understanding it but it looks very complex There may be a simpler way to understand it guys
Thanks for the help
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The blockchain is a digital ledger in which transactions made in bitcoin or another cryptocurrency are recorded chronologically and publicly.
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Hey guyz
I am complete noob in crypto. I need to know what is a blockchain? How to use it and what if it goes offline? What affects it will occur on bitcoin.
I have tried understanding it but it looks very complex There may be a simpler way to understand it guys
Thanks for the help
Blockchain technology is a decentralized didgital ledger that records transactions across many computers so that the record cannot be altered retroactively without the alteration of all subsequent blocks and the collusion of the network. It also allows data to be distributed and not copied
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Blockchain innovation is a decentralized didgital record that records exchanges crosswise over numerous PCs so the record can't be modified retroactively without the modification of every consequent square and the intrigue of the system. It additionally enables information to be disseminated and not replicated.
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The blockchain is a digital ledger in which transactions made in bitcoin or another cryptocurrency are recorded chronologically and publicly.
Agree. In addition it is a system that process the transaction of decentralized currency with all the reliable information being stored accurately and precisely.
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Blockchain is a decentralized technology it is open and distributed that is continously growing list of records which is called blocks.This is digital ledger made in bitcoin that manage the database of transaction between two parties it is recorded chronologically and publicly.
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Blockchain is the most popular ledger in all cryptocurrencies transaction. Blockchain is digital, decetralized, open ,public, distributed ledger. It is continuously growing list of record which is called blocks and it is linked using cryptography. It records the history transaction that happens between two parties.
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Blockchain is a decentralized technology it is open and distributed that is continously growing list of records which is called blocks. This is digital ledger made in bitcoin that manage the database of transaction between two parties it is recorded chronologically and publicly.
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Blockchain is a technology that makes crypto growing fast so far. The blockchain technology leads many improvement in all sectors in crypto world. I am sure if there is no blockchain, crypto will never be popular and familira like now.