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Topic: Blockchain Technology for Newbies - page 2. (Read 306 times)

newbie
Activity: 98
Merit: 0
June 29, 2018, 03:39:08 AM
#4
Through your post,I understood how Blocktrain works,It help a lot for people,who is newbies like me!thank you so much!
member
Activity: 336
Merit: 42
June 28, 2018, 11:19:01 PM
#3
thank you very much, the information is very useful to novices like me Wink

You are welcome.  The idea of blockchain is really revolutionary and is being used in different scenarios nowadays (depending also to the creativity of the developers).  Hoping that it will be used to "make this world a better place".
newbie
Activity: 22
Merit: 0
June 27, 2018, 11:54:47 PM
#2
thank you very much, the information is very useful to novices like me Wink
member
Activity: 336
Merit: 42
June 27, 2018, 10:49:28 PM
#1

What is Blockchain?

  • It is like a database duplicated thousand of times across a network of computers, in which the network of computers have access to the database at the same time to regularly update the said database;
  • Information are shared (and continually reconciled) throughout the whole network; and
  • Data are accessible to anyone - no centralized version exists for hacker to target to corrupt.

How Blockchain Works?

I think it is wonderfully shown on the picture below:


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