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Author Topic: Still confused with Blockchain  (Read 650 times)

Offline anyone

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Still confused with Blockchain
« on: August 27, 2018, 09:48:06 PM »
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.

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Still confused with Blockchain
« on: August 27, 2018, 09:48:06 PM »

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Offline Baby Crypto

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Re: Still confused with Blockchain
« Reply #1 on: August 27, 2018, 10:00:45 PM »
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.

Of course, I believe in block chain platform, I think No one doesnot control block chain. The demand and supply are major factor of it.

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Re: Still confused with Blockchain
« Reply #2 on: August 28, 2018, 08:12:40 AM »
Blockchain is a system that does not use third parties. In essence, records of transactions that have occurred, are stored by many computers scattered on the network itself. So it will be harder to hack hundreds or thousands of computers, and the chances are small for all the computers to experience interference at the same time.

 

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