What Is It That Excites You The Most About Blockchain?
Blockchain technology is what gives Bitcoin, Ehtereum and other altcoins their power. It’s simply a large database or record of all Bitcoin/Altcoin transactions. The blockchain distributed ledger is incorruptible because it’s distributed between everyone who’s in the blockchain network.
Every transactions on the blockchain has a digital signature. This digital signature includes a public key and a private key. These keys are almost impossible to mess with and that’s what gives cryptocurrencies their power and an added edge over traditional methods.
Prior to Blockchain the cost of governance was born by Nations, Institutions and Companies, Blockchain gives everyting back to you. Your money, your control.
Trust – Blockchain makes the whole world witness upon your truthfulness. It is something that astonishes me.
Time – Blockchain is robust. It’s simly amazing to send money to any corner of this world without taking a single step or standing in lines on your Bank counters. The output is like 1000x better.
Blockchain innovation will form our future. It is a significantly more secure method for holding and storing information, it is decentralized, empowers users, gives timely information, provides automation, can make quicker exchanges, now and again make. It's simply immutable.
Poor countries are getting over inflation of their national economy using Bitcoin such as Nigeria, Zimbabwe, Venezuela and many other African countries.
This is very important for everyone using cryptocurrencies. Knowing that you have time freedom is a great thing.
img credz: pixabay.com
Nice, you got a 74.0% @stackin upgoat, thanks to @ghayas
Want a boost? Minnowbooster's got your back!
The @OriginalWorks bot has determined this post by @ghayas to be original material and upvoted it!
To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message!
For more information, Click Here!
Special thanks to @reggaemuffin for being a supporter! Vote him as a witness to help make Steemit a better place!
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by ghayas from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews/crimsonclad, and netuoso. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
This post has received a 0.28 % upvote from @drotto thanks to: @banjo.
@alchemage has voted on behalf of @minnowpond. If you would like to recieve upvotes from minnowponds team on all your posts, simply FOLLOW @minnowpond.
Congratulations @ghayas! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP