What is Bitcoin? What is a blockchain? What is decentralized?
7 years ago in #bitcoin by craig-grant (75)
$58.32
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Thank you for explaining, this video helped me understand bitcoin and block chains a lot more than I previously did. Followed you
It's true freedom. Unstoppable
A blockchain is a distributed data structure consisting of cryptographically signed data records arranged as blocks in a chain such that each block also includes a hash of the block it follows thereby creating provable ordering and immutability.
Bitcoin is the prototypical blockchain but many copies and variants have followed. Of critical importance is the software rules that define how blocks are added, who can add blocks and what data is actually in each block - a blockchain in itself does not create anything secure or immutable if the controls around it's operation are weak.
Blockchain has now become a buzzword meant to signify some secure new way of storing data but whether that has any significant meaning depends entirely on the implementation details.
Very good post @craig-grant.. Thankyou for sharing
100 % correct buddy :)
great post thank's for your information but how I can buy by this currency ? I've followed you can you tell me how I can buy something with this currency ?
It is the future of the world :)
That is very true. Keep going
Thanks for sharing
@craig-grant
I'm sorry to post this here but, it's related to bitconnect. I'm on there, mostly because of the videos of yours i watched. So, i did a 299 day loan. In one day have made 1cent interest, in your opinion what's going to be a good bet on dropping my link as a referral source is there a good place to do so? Dont want to spam your post with it. Let me know what you think please. Namaste