Bitcoin, blockchain and steem

in #steemit8 years ago

Steemit, more precisely settling of премирования or bonuses, name as want founded on the base of technology of blockchain. It is possible safely to say is a honest income! 

blockchain is technology of the up-diffused reliable storage of records about whatever, about money orders. 

Any information can be writtenin in blockchain, practically all that is on a paper. Only difference that in blockchain it not maybe to substitute records due to the very carefully thought out device of technology.

More detailed about the device of blockchain

As be obvious from the name essence of technology it is a chainlet of blocks of data, where every block is related to previous.  Every block contains the set of data. The chain of blocks bases three important principles this distribution, openness of data and security of data. blockchain is a network of the computers, constrained inter se every computer is equal in rights. and every computer keeps the copy of data. It gives a good mechanism to the faulttolerance from failures. While there is though one user of blockchain works. In fact it is possible to compare it technology with a neuron network structure. What more neurons are in a network the stronger and anymore given can memorize a network. If what that a neuron left off to exist he will be substituted by other, undertaking part of his data.

In respect of trust - information is open and you always can will watch the chain of changes, that already does not compel you to trust who or. but is one but! on a row with the openness of information is security . it all is arrived at due to the use of encipherement on the base of the cryptographic keys. Example. For whom id est pot of moneys and you see it, but for whom saying is difficult concretely, until a proprietor will not give the key confirmative about a presence exactly for him this sum. 

you know now, how blockchain is arranged. This reliable and open technology will change our life soon. For example, when delivery of bank credits will be fixed in blockchain, then nobody already will run into a credit swindle. And " holes" in bank balances also will be evidently visible, therefore and large bankruptcies will succeed to be avoided. Frauds with mortgage apartments and credit cars will be simply impossible - and many people of избегнут problems and money losses.Even the state services, related to processing of documents, delivery and confirmation of rights and certificates, it is possible to realize as a comfortable and open register on a base blockchain.

Concerning currency of bittcoin

New cryptocurrency becoming opening of this year attracts the attention not only participants of market relations but also political confessions, in fact currency has the cost (true a course while yet floating) already, digital currency is able to fight with other money for the place in development of economy.

Producing of new bitcoin limits technologically, that distresses майнеров certainly. But such is an order of producing of any money currency. Otherwise she would not have the price. With every year emission of bitcoin will go down, that in the total will result in the height of his cost.

Many companies now aspire to the accumulation of bitcoin, then to have the opportunity to profiteer on his sales. Such race after bitcoin- currency will result in appearance of companies with a capital in the milliard of dollars.

As many representatives of биткоин-индустрии assert new currency becomes more attractive for the largest world banks and financial organizations. Блокчейн-технологии become the object of attention for a bank sector, and fund markets look after the bloom of трейдинга bitcoin.

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