THE CRYPTOCURRENCY NETWORK

in #robin-ho7 years ago

Hello guys
i keep on imagining daily like who controls the cryptocurrency market?
who keeps it running?
Take for example the blockchain technology its grown massive and from speculations it would be the biggest economy sonner or later.
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this is blockgeeks definition of the blockchain
"The blockchain is an undeniably ingenious invention – the brainchild of a person or group of people known by the pseudonym, Satoshi Nakamoto. But since then, it has evolved into something greater, and the main question every single person is asking is: What is Blockchain?

By allowing digital information to be distributed but not copied, blockchain technology created the backbone of a new type of internet. Originally devised for the digital currency, Bitcoin, the tech community is now finding other potential uses for the technology.

Bitcoin has been called “digital gold,” and for a good reason. To date, the total value of the currency is close to $9 billion US. And blockchains can make other types of digital value. Like the internet (or your car), you don’t need to know how the blockchain works to use it. However, having a basic knowledge of this new technology shows why it’s considered revolutionary. So, we hope you enjoy this, what is Blockchain guide."

Now i guess that answered many peoples thought.Here is also a picture describing how it all workswhat-is-blockchain-technology.jpg

Am going to stop here for now lets just say its my 1st research about the blockchain but later on more posts like this would be coming from time to time.

Thanks and please drop a word of encouragement in the comment box

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