Blockchain Simplified

in #cryptocurrency • 6 years ago

To fully appreciate the blockchain technology, I will provide a simple context which will describe how anything of value can be tracked and traded virtually using a blockchain network.

Recording transactions and tracking assets have been made cost effective and secure using a shared, distributed ledger known as Blockchain. Tangible assets like land, car, money, land, etc and Intangible assets like patents, intellectual property, branding or copyrights can be traded on blockchain thereby cutting cost and reducing risk.

The blockchain technology is empowering and cannot be stopped by anyone. It is a technology where individuals have complete control and power over their own assets. You will not find information or talk shows on blockchain and how it empowers individuals. This is because the real gold mine is hidden among programmers on Steemit, Github, Reddit, Twitter, Medium and Gitter.

Programmers who have a complete understanding on how to start a blockchain company are quitting their jobs and diving into the reinvent industry. While we may hear of scams and failed systems, I strongly believe that blockchain technology is the future of commerce, governments and civilization.

#introduceyourself #blog #crypto #blockchain
6 years ago in #cryptocurrency by
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     6 years ago 

    Great article! I learned a lot of cognitive. You are interesting to describe everything, I hope to have a friendship with you to get more information.

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     6 years ago 

    Hello teebosie! Welcome to Steemit! Hope you'll like the community here. As a start, here are 5 tips that we believe will be helpful to you:

    1. Keep your passwords safe: Unlike conventional sites, Steemit has 4 types of passwords. Each offers varying degrees of access to your account, so know where and when to use each of them. Also, make sure to keep them all safe and secure.
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    3. Upvote wisely: When upvoting, wait at least 30 minutes after the post is published to maximize your curation reward. Also, make sure not to upvote too much too fast so as not to drain your voting power.
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    5. Have Fun and Enjoy!

    For a detailed writeup, check our post Getting Started: 5 Essential Tips for New Users.

    Good luck on your Steem journey! Follow us if you like to receive more helpful tips and maximize your Steemit experience.

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    2 votes
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     6 years ago 

    Welcome to Steem, @teebosie!

    I am a bot coded by the SteemPlus team to help you make the best of your experience on the Steem Blockchain!
    SteemPlus is a Chrome, Opera and Firefox extension that adds tons of features on Steemit.
    It helps you see the real value of your account, who mentionned you, the value of the votes received, a filtered and sorted feed and much more! All of this in a fast and secure way.
    To see why 2973 Steemians use SteemPlus, install our extension, read the documentation or the latest release : SteemSincerity on Busy and a few bug fixes.

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       6 years ago 

      ✅ @teebosie, I gave you an upvote on your first post! Please give me a follow and I will give you a follow in return!

      Please also take a moment to read this post regarding bad behavior on Steemit.

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         6 years ago 


        Welcome to Steemit @teebosie!

        I wish you much success and hope you find Steemit to be as rewarding and informative as I have.

        Here are some links you might find useful.
        Your stats on SteemNow
        Your stats on SteemWorld
        Your stats on SteemD
        How does Steemit actually work?

        Oh yea, I have upvoted you and followed you. Many blessings!

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           6 years ago 

          Welcome to steemit @teebosie. Join @minnowsupport project for more help. Checkout @helpie and @qurator projects.
          Send SBD/STEEM to @treeplanter to plant trees and get an get an upvote in exchange of your donation (Min 0.01 SDB)
          Upvote this comment to keep helping more new steemians
          Send SBD/STEEM to @tuanis in exchange of an upvote and support this project, follow for random votes.

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