Blockchain, Hyperinflation and Corruption - Programmer explains

in #blockchain6 years ago

I want to share with you the speech I gave in Oslo at the CryptoFinance conference yesterday. We talked about the history of the blockchain technology, Bitcoin, Ethereum and the future of the cryptocurrency landscape.

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Ivan, great content, really

Blockchain technology is used for each transfer. You are able to see a live stream of transfers on blockchain.info. Identities are kept anonymous for mostly all transfers at this time. Going forward, if corporations or governments were to be on the blockchain, a public wallet name would have to be required to see their ledgers. Blockchain has six steps. User A puts a request to send money to User B. Afterwards, the transaction is sent and represented online as a “block”. That “block” is broadcast to every user in the network. Those users then approve or deny the transaction based on availability of funds. If approved, the “block” can be added to the chain of all other transactions, which provides a transparent record of transactions. After the “block” is added to the chain the request goes through and the money is then transferred.[2]

I like to watch you videos. good explained with a tech touch.

The consequences of this breakthrough are hard to overstate. Overall, the blockchain technology give the potential to revolutionize several industries from advertising to energy distribution. Its main power lies in its abilities of not requiring trust and being decentralized.

thank you for sharing it. lucky to get more insight. @ivanli

Very nice part of your speaking. I do not understand why you said that the crypto will help the poor. Could you plz explain? The big are the 1 who are creating ​all pie and then it is cut to the pieces​ that we get. Pl, ​ explain if possible.

good work.. nice post.. would love to see more from you.. i upvoted

This is helpful to me considering I am new on crypto trading

Nice thanks for sharing sir

Congrats on nailing your presentation! Looking forward to learning about Lieberland

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