steemit - blockchain

Hi Steemit!!

blockchain.
Studying the blockchain technology noticed for himself a number of features. Its opening is comparable to opening of the Internet and other information and technological structures.

Why to us blockchain?

In life constantly it is necessary to deal with documents money, people, intermediaries. Not all intermediaries can be conscientious. For example crediting. I want to take the credit or a loan. Therefore I give the documents for processing and I cannot precisely know about as far as I can trust the person or the structure which is giving money and carrying out financial operation, processing of documents. But is forced to trust these structures and people. The blockchain system is the decision in which can guarantee ensuring reliability of the relations at the conclusion and implementation of transactions, contracts, events.

blockchain - technology of the distributed reliable storage of records about anything, about money transfers. Any information can be written down in blockchain, practically everything that is on paper. The only difference the fact that in blockchain it is not possible to change records at the expense of very thought over technology device.

In more detail about the blockchain
Apparently from the name the essence of technology is a chain of blocks of data where each block is connected with previous. Each block contains a data set. The chain of blocks bases three important principles this distribution, openness of data and security of data. blockchain represents a network of the computers connected among themselves, each computer is equal. and each computer stores the copy of data. It gives the good mechanism of fault tolerance from failures. While there is at least one user of blockchain works. In fact it is possible to compare this technology to structure of a neural network. The more neurons is in a network the stronger and more data can remember a network. If any neuron ceased to exist it will change others, having undertaken part of its data. As for trust - information is open and you always can will trace a chain of changes that does not force you to trust someone any more. but there is one but! on a row with openness of information - security. all this is reached thanks to enciphering on the basis of cryptographic keys. Example. Someone has a large sum of money and you see it, but at whom specifically it is difficult to tell until the owner does not provide the key confirming about presence at it of this sum. blockchain technology interesting to describe it long and not why. The essence of system is opened by me briefly as I am not a big expert but only I study...

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