Author

Topic: Blockchain technology mean? (Read 274 times)

legendary
Activity: 2352
Merit: 6089
bitcoindata.science
May 16, 2019, 07:47:56 AM
#3
It is too complex to understand. How works blockchain technology?

In simple terms, Blockchain is just a decentralized database.
A slow and heavy database. It works for bitcoin because it must be decentralized and you don't need to trust anyone to use it.

Many people want to put everything in blockchain, but that's really not necessary, nor useful.
full member
Activity: 218
Merit: 105
The Nomad
May 16, 2019, 07:02:12 AM
#2
Beginner’s Guide to Blockchain — Explaining it to a 6 Year Old https://hackernoon.com/beginners-guide-to-blockchain-explaining-it-to-a-6-year-old-86afa54a5fa8
newbie
Activity: 13
Merit: 0
May 16, 2019, 06:59:39 AM
#1
It is too complex to understand. How works blockchain technology?
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