Blockchain! an implementation in which history can no longer be rewritten.
What is history? Most written history in the world is written by the conquerors, a one sided bias take on a small groups perspective of facts in that time. History is what we base our actions, beliefs and standards on. Think about that, we base our actions, beliefs and standards on age old bias human ideas and information and we call them facts. I wonder why we have so much conflict in this world? We seem to find new "facts" and "information" all the time that seem to rewrite history. Does history change? Do we have any real idea about the truth of World War 2, World War 1, The Spanish American War, all the Chinese wars in which the emperor got to rewrite. When the Spanish took over or conquered Central America, the Mayans had hundreds of thousands of written works, and all but 3 were burned. Imagine if we had the Blockchain back then. The Spanish could have burned all the books and it would not have mattered because all of the information would have been stored in the Blockchain and it could not be changed.
What if we had every country in the world cooperating together, could history be rewritten? Blockchain is a way where the power of the people insures the truth by choice.
Bitcoin and the Blockchain are decentralized. The mysterious Satoshi Nakamoto has created a distributed system in which everybody can be apart of and enjoy.
So what is Blockchain exactly? Lets try and make this simple.
Blockchain is a list of records called blocks and these blocks are stored on computers. They can be stored on your computer, and my computer and everybody's computer. These computers that have these records on them are called Nodes. So anytime we exchange digital money or bitcoin, all of these computers know about it. They keep a record so that you and me cant lie. So once that record is on the Blockchain you and me cant cheat.
Blockchain is a bunch of computers in a network like a super big spider web. The more the blocks are used the stronger this web or Blockchain becomes. One block could be easy to break but the more blocks there are the stronger it becomes, and trust me there are a lot of blocks in the Blockchain right now. So the Blockchain is a huge network of computers. All of these computers have the same records so we don't need middle man, a cashier, a banker the government or anybody to tell us that something happened.
PCMag has a video here explaining Blockchain
You can invest money today in blockchain technology and make a very good profit. Check out the coin market and all the different digital currencies available COINMARKETCAP purchase, and trade coins on sites like Coinbase or Bittrex. When investing in a coin be weary in the lower end market and new comers, and always look into your coin. See if it has realistic and reasonable plans for the future that benefit blockchain and everyone involved. Listen to the nay sayers and the hypers and make an informed decision where you want to place your funds.
You can also earn cryptocurrency without any initial investment by blogging on Steemit.com. Content creators can also earn cryptocurrency by uploading there content on sites like Musicoin DTube through steemit and DSound through steemit. Many people including myself have earned thousands from posting our content on these sites in cryptocurrency rewards. Millionaires have been made and people are quitting there jobs to post content full time and earn in the crypto markets.
Its an exciting time in the world with information flying at us more than we can keep up with. Its going to be a heavy journey through 2018-19 as our world makes one of the biggest transformations in recorded human "History" 😉
Sharing Information - Exchanges - Creation - Profit - Collaboration- Connection - Innovation - Growth - Exploration - Discovery - Reason - Understanding - Empathy - Compassion - Happiness - Wisdom
Incredible times ahead. Going to watch the PCmag video
Well explained my friend. I really enjoyed it. I must be proud of it. Dsound and Dtube are the perfect inventions for music lovers and vloggers.
I am also planning to teach the art by my blog. What do you say about it?
We can define Blockchain as a distributed database that provides briefly an encrypted transaction set-up. Blockchain technology, constructed from a chain model, which can be understood from its name, is traceable but not breakable, allowing to operate without being connected to a center. Thus transactions can be carried out directly between the buyer and the seller and safely. Just like sharing music between people over Napster once in a while.
@soundlegion
Yep indeed. Many people believe blochain might die off but if you look at history, you will see chances are its here to stay. When the automobile was mass produced by ford, people were skeptical. When the internet was created, people were skeptical. All these inventions turned out to be things we use every single day, on a daily basis. Blochain will be the same!
The point is that our history is already rewritten several times. And what we know now may not be true. So if we use blockchain to store some false information - it will not help us to find the truth :)
thats a very good point, in terms of the past. but for the future its a good start. from this age onward.
I love this statement: "So what is Blockchain exactly? Lets try and make this simple.".....nice explanation.
wow.... lovely steem pictur.i like your cryptocurency.thanks for sharing
blockhain I did not know why.There was no idea about it.I have the opinion and the knowledge on your side.post for thank you sir
PCMag has a nice video for explaining the blockchain easy and simple way to explain. What is blockchain? great to read it informative article
History repeats itself