What is the BlockChain ?!
BlockChain is a term, the process of block production (a serial process) is called, and the closest thing to describe is:
The general record, or the accounting book (Account) is the record in which all financial movements, assets, expenses and the like are kept.
In other words, the block = the general accounting record.
Let's go into the subject ...... Initially, when the content was produced by downloading a portfolio on a regular computer, the portfolio had the ability to mining the protein through this portfolio by using the CPU power of the computer. (Later it became impossible to configure mining on a computer, I will explain the reasons in another post.
As the mining movement was originally based on the Internet, the mining and extraction process was documented in this portfolio, which also documented this movement for anyone who had a portfolio created (online)
Thus, a series of documented block checks was created not only in the portfolio that decoded the block and received the block award, but in all portfolios and globally. Thus, it was still difficult to falsify a block or add it to the block-chain without To be approved by all online portfolios.
Because these movements document the encryption code of the issued block and its history and where it was issued. It builds the code for the next block and encrypts it, and of course it will contain the code of the outgoing block code in a linear serial process that does not accept partition or partition.
This is called the BlockChain.
This is why the authentication process for Block extraction requires the approval of at least 120 metals at the same time to declare that the block is serialized from the previous block and also contains the code and the code.
Thus, there is no so-called block fraud or block addition in an informal way.
If BlockChain is a powerful authentication mechanism that relies on transparency in documenting block production (currently block size = 25 configuring) and portability transfers and their parts across portfolios.
The online Chin Block website displays these records stored inside the wallets and displays them in a beautiful and simplified way so that you and I and other surfers of this site know what happens from direct movements and what has been done in the past as well.
The source of this information is the portfolio you created !!!!
The confusion is: The site has designed a specific mechanism to provide online wallets for those who wish !!
Most of the newcomers to the blogosphere made the so-called BlockChain the same as the Block Chine record!
Why did the site do this ?? for the following reasons:
1- It is difficult to install a Bitcoin-Core-Wallet, because the size of the general record until the writing of this article exceeds 70GB! Imagine that you want to run this wallet on your computer and the 250-gigabyte Hard disk and add your own programs for this space and assuming that the remaining is 100 GB, it makes no sense to download the original wallet, which will download all the general record of all movements since the invention of the content and even This moment (now 70 GB) after 80 month !!!! After him ... God knows best
2- When will the BlockChain be downloaded in its current size ?????? ......... Depending on your Internet speed, try downloading a 100 GB program and tell us the result, of course some may have the ability to do so, but The most common in the Arab world is the difficulty of the process to consume space, time and cost. May be days, days or weeks.
If you subscribe to this site, you get a wallet that has cleared your head from the public domain registration process (BlockChain)
It provides you with an online way to save your own tweets and to see movement records whenever you wish.
In conclusion, I support what my brother Bitcoiner said in a very short version of a global public record.
I hope to have provided you with the explanation of interpretation as the BlockChain site provided the trouble to download the Block-chain public record
This post received a 3.13% upvote from @randowhale thanks to @michaelmorcos! To learn more, check out @randowhale 101 - Everything You Need to Know!
nice blog
Ty started follow you :)
Ty also gone follow you
greetings @michaelmorcos
greetings to you :-)
This post received a 27% upvote from @morwhale team thanks to @michaelmorcos! For more information, click here! . this is @originalworks . steem @steemprice BTC
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Good post followed ya ;)
Thnx started follow you :)
great post keep up the good work
upvoted
thnx @kerdan :-)
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