[2016-09-19] Blockchain: The smart person's guide

Carlton Banks

legendary

Activity: 3430

Merit: 3080

Quote from: Karartma1 on September 20, 2016, 09:58:19 AM

I simply posted the article as it is: I did not want to put my personal remarks (as I usually do).

I agree with you. Sadly, this is the kind of info we get.

Indeed. If the headline hadn't included the word "smart", I might have let it slide, but we can't have glaring mistakes masquerading under that description, not here.

Karartma1

legendary

Activity: 2310

Merit: 1422

Quote from: Carlton Banks on September 20, 2016, 05:25:32 AM

Quote from: Karartma1 on September 20, 2016, 01:38:14 AM

The ledger is publicly accessible through APIs and torrent sites.

No, that's completely and totally wrong.

Quote from: Karartma1 on September 20, 2016, 01:38:14 AM

Encryption allows developers to trust the transaction history and build applications from and around transaction information.

Also wrong, the only encryption in Bitcoin is not applied to it's blockchain at all.

If you want to appear like a "smart person" in relation to blockchain tech, this guide clearly isn't going to do it for you.

I simply posted the article as it is: I did not want to put my personal remarks (as I usually do).

I agree with you. Sadly, this is the kind of info we get.

Carlton Banks

legendary

Activity: 3430

Merit: 3080

Quote from: Karartma1 on September 20, 2016, 01:38:14 AM

The ledger is publicly accessible through APIs and torrent sites.

No, that's completely and totally wrong.

Quote from: Karartma1 on September 20, 2016, 01:38:14 AM

Encryption allows developers to trust the transaction history and build applications from and around transaction information.

Also wrong, the only encryption in Bitcoin is not applied to it's blockchain at all.

If you want to appear like a "smart person" in relation to blockchain tech, this guide clearly isn't going to do it for you.

Karartma1

legendary

Activity: 2310

Merit: 1422

The blockchain is powerful technology that enables Bitcoin, Litecoin, Dogecoin, and other virtual currencies to be open, anonymous, and secure.

The code also empowers countless innovations beyond cryptocurrency. The blockchain is a database of details about every Bitcoin transaction. Often referred to as a "public ledger," the log contains metadata about when and how each transaction occurred. The ledger is publicly accessible through APIs and torrent sites. To prevent tampering with current and past transactions, the database is cryptographically secured. Encryption allows developers to trust the transaction history and build applications from and around transaction information.

Read more
http://www.techrepublic.com/article/blockchain-the-smart-persons-guide/

Topic: [2016-09-19] Blockchain: The smart person's guide (Read 322 times)