Through this post, I added a way to understand blockchain through pictorial images to make it easier, plus stories.
@hananan originally sent money to @orcheva through bank services. So, the money that women often call Hani stops first at the bank for a certain fee for sending money to Orcheva which is familiarly called Aan. Not only money, Aan also had to wait for a certain period of time in order to receive the money sent by Hani.
Only with the trust and guarantee capital, Hani handed over the money and shipping costs without knowing the history of the money, whether it was sent directly, or used for other purposes. Hani and Aan may not know, if the money and other people's money in the bank, loaned to @awinyaksteemit for the capital of honey coffee trading business.
At other times, Hani was not satisfied with the Bank, and moved to another bank, which was cheaper and faster. But, Hani also did not know the history of the money. Then, Hani left the bank, sent money to Aan with public transport car services. But, what is experienced at the bank, also applies to other shipping services, even with the risk of being bigger or lighter.
Now, Hani can be relieved. Hani can immediately send money to Aan, with a very, very cheap, fast, reliable fee because the transaction history can be tracked, safe because it is encrypted, validated by crypto money miners, and without the need for a third party.
Now, Hani, who once sent money through third party services, which manages transactions centrally, has moved systems and technology into a decentralized and distributed era with the support of blockchain technology and digital money.
@orcheva can now smile, and even send money as a birthday present. @that is more daring, the promises made on the wedding day were stored on the blockchain.
Because of Hani and Aan, now @ alvaro017 intends to be a miner for the role of transaction data validation through a hash process. This hash is stored together with a block, at the end of the blockchain.
But, @kakilasak who wants to get married doesn't want to be tired of mining, let alone having sophisticated equipment plus electricity costs. He chose to mine crypto money through Steemit.
Different from other friends, there are those who want to help fishermen and breeders with blockchain technology and some even want to trade diamonds using blockchain technology. @ayijufridar instead proposed a geuchik general election with blockchain technology as well. Anyway, many want to transform life from centralization to decentralization - distribution, just like Aceh, which from the beginning asked for no centralization. Nyan ban, sepberehkiraju.
I first found cryptocurrency by the ability to withdraw in Bitcoin on a website called earn.gg, where you could do surveys and stuff for cash. I withdrew about $10 in Bitcoin from that site and held it in Coinbase for a couple months until the huge Bitcoin spike happened. A couple days after it reached 10k I sold all $10 for around ~$25, but could easily have held up to $35 if I wanted to take the risk. But a taste of the spike got me interested in cryptocurrency, and I quickly became more interested. I started to do more surveys and stuff for Bitcoin, and watched some videos about Bitcoin and Ethereum on YouTube for fun, until one of the (normal, non-crypto) YouTubers i watched made a video about Cryptocurrency. It wasn't about something large like Bitcoin or Ethereum, but instead it was a small crypto dev working on his first coin who had reached out to him. The YouTuber made a video about that cryptocurrency, generally just explaining how crypto worked and suggested we check out the coin. Since that day, my life hasen't been the same.
I joined that cryptocurrency community, and got to experience most of the blockchain in its raw un-de-bugged beauty. I got to explore things that most people take for granted, and understand why they're there, and how the system works. I began to sell games for that currency as a way to make a little money on the side, and made about $800 from doing so. It was a fun couple of months, exploring the blockchain for the first time and actually being involved, but I had to move on eventually.
The developer and I are friends, and one day while we were talking about how they were going to advertise their coin, they mentioned saving the name for their company on websites like Twitter, Facebook, and Steemit. I had never heard of Steemit, so I decided to look it up.
And here I am now. I've leapt feetfirst into Steemit, making a bot to sell upvotes to people and growing, reaching out to fellow Steemians. In the two months I've been here, I've managed to help many communities start up, and helped set up a couple Discords. I've brought new people from all across the crypto realm to here, showing them the wonders of the Steemit community. But all good things must come to an end. One day, in the next couple of months, Steemit will become boring for me, and I'll find something else new, fun, exciting that I can do to bring more joy to the world and keep me entertained. Life is a highway, and I've been enjoying the ride.
Im learning white Blockchain is simply an online global database that can be used by anyone around the world who is connected to the internet. Unlike other databases that are usually owned by certain institutions such as banks or government, Blockchain does not belong to anyone. Make it more transparent because it can be accessed by anyone.
Like the main cashbook in the bank that records all customer transactions, Blockchain also records all transactions carried out by its users. It's just that, if the main cashbook can only be seen and checked by the authorities at the bank, then all transactions via Blockchain can be seen by all users. Because the Blockchain information warehouse is stored permanently throughout the user's network, because the information collected is also distributed to everyone.
Then how can the data of a group of people not supervised by a third party institution be a safer place? The key, is the number of Blockchain users. The more users, the more difficult it is to hack.
Transactions that occur will be recorded by the users' computers at once announced for verification. The transaction records are then combined with other transaction records, then tied or chained according to chronology. The transaction record is then called block. And a block of blocks called Blockchain.
My first learning about blockchain started with steemit in 2017. I never was interested in the topic as I found it very confusing to me.
My first few weeks on steemit remained confusing still, but because I was determined to learn this time, I put in the effort and now those crytocurrencies are a breeze to me.
I also extended my research and got to now about the main currencies on the block chain like BTC and ETH
Through this post, I added a way to understand blockchain through pictorial images to make it easier, plus stories.
@hananan originally sent money to @orcheva through bank services. So, the money that women often call Hani stops first at the bank for a certain fee for sending money to Orcheva which is familiarly called Aan. Not only money, Aan also had to wait for a certain period of time in order to receive the money sent by Hani.
Only with the trust and guarantee capital, Hani handed over the money and shipping costs without knowing the history of the money, whether it was sent directly, or used for other purposes. Hani and Aan may not know, if the money and other people's money in the bank, loaned to @awinyaksteemit for the capital of honey coffee trading business.
At other times, Hani was not satisfied with the Bank, and moved to another bank, which was cheaper and faster. But, Hani also did not know the history of the money. Then, Hani left the bank, sent money to Aan with public transport car services. But, what is experienced at the bank, also applies to other shipping services, even with the risk of being bigger or lighter.
Now, Hani can be relieved. Hani can immediately send money to Aan, with a very, very cheap, fast, reliable fee because the transaction history can be tracked, safe because it is encrypted, validated by crypto money miners, and without the need for a third party.
Now, Hani, who once sent money through third party services, which manages transactions centrally, has moved systems and technology into a decentralized and distributed era with the support of blockchain technology and digital money.
@orcheva can now smile, and even send money as a birthday present. @that is more daring, the promises made on the wedding day were stored on the blockchain.
Because of Hani and Aan, now @ alvaro017 intends to be a miner for the role of transaction data validation through a hash process. This hash is stored together with a block, at the end of the blockchain.
But, @kakilasak who wants to get married doesn't want to be tired of mining, let alone having sophisticated equipment plus electricity costs. He chose to mine crypto money through Steemit.
Different from other friends, there are those who want to help fishermen and breeders with blockchain technology and some even want to trade diamonds using blockchain technology. @ayijufridar instead proposed a geuchik general election with blockchain technology as well. Anyway, many want to transform life from centralization to decentralization - distribution, just like Aceh, which from the beginning asked for no centralization. Nyan ban, sepberehkiraju.
I first found cryptocurrency by the ability to withdraw in Bitcoin on a website called earn.gg, where you could do surveys and stuff for cash. I withdrew about $10 in Bitcoin from that site and held it in Coinbase for a couple months until the huge Bitcoin spike happened. A couple days after it reached 10k I sold all $10 for around ~$25, but could easily have held up to $35 if I wanted to take the risk. But a taste of the spike got me interested in cryptocurrency, and I quickly became more interested. I started to do more surveys and stuff for Bitcoin, and watched some videos about Bitcoin and Ethereum on YouTube for fun, until one of the (normal, non-crypto) YouTubers i watched made a video about Cryptocurrency. It wasn't about something large like Bitcoin or Ethereum, but instead it was a small crypto dev working on his first coin who had reached out to him. The YouTuber made a video about that cryptocurrency, generally just explaining how crypto worked and suggested we check out the coin. Since that day, my life hasen't been the same.
I joined that cryptocurrency community, and got to experience most of the blockchain in its raw un-de-bugged beauty. I got to explore things that most people take for granted, and understand why they're there, and how the system works. I began to sell games for that currency as a way to make a little money on the side, and made about $800 from doing so. It was a fun couple of months, exploring the blockchain for the first time and actually being involved, but I had to move on eventually.
The developer and I are friends, and one day while we were talking about how they were going to advertise their coin, they mentioned saving the name for their company on websites like Twitter, Facebook, and Steemit. I had never heard of Steemit, so I decided to look it up.
And here I am now. I've leapt feetfirst into Steemit, making a bot to sell upvotes to people and growing, reaching out to fellow Steemians. In the two months I've been here, I've managed to help many communities start up, and helped set up a couple Discords. I've brought new people from all across the crypto realm to here, showing them the wonders of the Steemit community. But all good things must come to an end. One day, in the next couple of months, Steemit will become boring for me, and I'll find something else new, fun, exciting that I can do to bring more joy to the world and keep me entertained. Life is a highway, and I've been enjoying the ride.
Im learning white Blockchain is simply an online global database that can be used by anyone around the world who is connected to the internet. Unlike other databases that are usually owned by certain institutions such as banks or government, Blockchain does not belong to anyone. Make it more transparent because it can be accessed by anyone.
Like the main cashbook in the bank that records all customer transactions, Blockchain also records all transactions carried out by its users. It's just that, if the main cashbook can only be seen and checked by the authorities at the bank, then all transactions via Blockchain can be seen by all users. Because the Blockchain information warehouse is stored permanently throughout the user's network, because the information collected is also distributed to everyone.
Then how can the data of a group of people not supervised by a third party institution be a safer place? The key, is the number of Blockchain users. The more users, the more difficult it is to hack.
Transactions that occur will be recorded by the users' computers at once announced for verification. The transaction records are then combined with other transaction records, then tied or chained according to chronology. The transaction record is then called block. And a block of blocks called Blockchain.
My first learning about blockchain started with steemit in 2017. I never was interested in the topic as I found it very confusing to me.
My first few weeks on steemit remained confusing still, but because I was determined to learn this time, I put in the effort and now those crytocurrencies are a breeze to me.
I also extended my research and got to now about the main currencies on the block chain like BTC and ETH