Topic: Describe the blockchain in one sentence (Read 4488 times)
The blockchain is a public ledger that cannot be easily tampered with, giving it a built-in layer of protection that isn’t possible with a standard, centralized database of information.
A blockchain is a digitized, decentralized, public ledger of all cryptocurrency transactions.
Online transparent bank
In simple words, blockchain is transparent and good opportunity among people who want to invest therein.
The rebellious new age system that can turn over world economy and set us all free from government pressure
The blockchain is essentially a decentralized distributed ledger database, which itself is a series of data blocks generated using cryptographic correlations. Each data block contains information for validating multiple online transactions.
Chain block is more than just encryption currency, it is actually a database validation by the wider community, rather than a central agency, it is a set of a group of people supervision and maintenance records, rather than relying on a single entity, such as Banks or the government, they are likely to be on a specific server hosting data.
I think it's very difficult to describe blockchain using only 1 sentence because blockchain can mean and have a lot of meaning and I think blockchain is a big book that can record all existing transactions.
Blockchain is a system designed to manage a non-recoverable digital financial transaction system that can be programmed to record and manage its work system.
I can not just use one sentence to talk about this issue. However, I would like to describe blockchain is not just a technology, blockchain is like a book teaching people how to explore and analyze investment.
A sentence only: the blockchain is a public, authenticated, write once ledger of transactions, providing transparency by being public, authentication via cryptography and security.
I want to explain that using of clever math the blockchain provides a place where you can record events (typically financial transactions) in chronological order with a guarantee that they can’t be tampered with. This means you can audit the contents of any bitcoin wallet and know how the money got there and how much it’s supposed to have.
Someone said that: Bitcoin is a system for transferring tokens of value between users on the web but with no central agency using instead the blockchain, a distributed ledger to record all transactions in a format that is checked and authenticated by participants called miners who earn bitcoins for their effort.
A legitimate, unchangeable, digital public ledger.
Legitimate in terms of law? I feel it might not be legitimized in countries that do not adopt cryptocurrency 
For my own knowledge about blockchain market it is in the great position and condition every time because they can regulated properly the transaction of the business and they put the things that needed in there right position, in short they can centralize everything in the business that can cause to function well thee business.
I get asked alot about bitcoin and how the blockchain works by friends and family who are interested and I can never give a straight answer.
What do you guys tell your friends and how would you describe the blockchain in one sentence/paragraph?
Tom
What do you guys tell your friends and how would you describe the blockchain in one sentence/paragraph?
Tom
I describe the block chain a digital, decentralized future technology and a digital ledger. This is used to record the transactions in any computers. I think it is the best technology because the record did not disrupted or altered retroactively with the collision of the other computers or other network here in bitcoin and other currencies.
A blockchain is described as an independent, transparent, and secure decentralized, distributed and a public digital ledger that is used to record transactions across many computers so that the record cannot be altered retroactively without the alteration of all subsequent blocks and the collusion of the network.
technology for the future, as a companion fiat currency,
to transact without the need for another intermediary
to transact without the need for another intermediary
a future digital technology in the field of currency, which can not be affected by any government policy
A blockchain is a decentralized network with a memory.
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