Describe the blockchain in one sentence - page 5.

Rodeo02

hero member

Activity: 1302

Merit: 577

avatar and signature space for rent !!!

Quote from: freshm4ker on May 07, 2018, 10:17:31 AM

Blockchain is a digital book of common accounts containing modern encrypted values with transactional trust between enforced accounts using strong mathematical principles that can not be hacked by anyone with a strong security system. Cool

cannot be determine quickly this also needs strong knowledge that anyone can understand how does it may ever had to work on.

oscarclows

newbie

Activity: 280

Merit: 0

Bitcoin Transaction confirmation checker by Hash OR BTC path checker.

Thanks.......

malbano2099

newbie

Activity: 84

Merit: 0

the vast majority of the universe of digital money innovations, for example, Bitcoin depend on database frames with the upside of having the capacity to track extensive and secure exchange volumes. The innovation utilized by numerous advanced monetary forms is Blockchain.

freshm4ker

sr. member

Activity: 726

Merit: 251

Blockchain is a digital book of common accounts containing modern encrypted values with transactional trust between enforced accounts using strong mathematical principles that can not be hacked by anyone with a strong security system. Cool

Dudeperfect

hero member

Activity: 1190

Merit: 534

The word blockchain itself is self-explanatory. It's the chain of blocks associated with each other and everyone has access to every block that means there is a decentralization philosophy. We are able to control our data without the help of any third party and that's the USP of the blockchain. If someone asked me to explain it in a single sentence, I would say "Decentralization of the data with the help of modern smart technology".

jame suny

newbie

Activity: 108

Merit: 0

i see it as an innovation that has the potential to change our currently much dated financial system.

Atits

newbie

Activity: 18

Merit: 0

Blockchain is a decentralized, distributed and 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.

Blockchain is a database that serves all participants, is owned by all participants, but does not belong to anyone in particular and is not controlled by anyone in particular.

Janpura

newbie

Activity: 116

Merit: 0

Quote from: enhancedfuel on April 07, 2015, 08:24:31 AM

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

Blockchain is a system a public ledger that all cryptocurrency transactions are being recorded and
added in chronological order.
blockchain help the market in transaction made easily.

AnnaSitnikova

newbie

Activity: 70

Merit: 0

Blockchain is a completely transparent system, thanks to which in the future the world will change for the better!

andregunawan1

jr. member

Activity: 224

Merit: 1

an integrated transaction logging technology with modern technology, which has a unique, immutable code that revolutionizes the workings of the Internet, banking and other things

nazaididuan1

jr. member

Activity: 350

Merit: 1

Blockchain is a technology,

It addresses the core "trust" problem in the market economy, reducing the cost of trust between strangers to extremely low levels.

paykal5

newbie

Activity: 90

Merit: 0

The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.

fairytale

jr. member

Activity: 209

Merit: 1

Blockchain builds bitcoin and other cryptocurrencies.

Bisul

newbie

Activity: 56

Merit: 0

Most of the world of cryptocurrency technologies such as Bitcoin rely on database forms with the advantage of being able to track large and secure transaction volumes. The technology used by many digital currencies is Blockchain.

PauloLuks

member

Activity: 223

Merit: 11

Blockchain is a term widely used to represent an entire new suite of technologies.
There is substantial confusion around its definition because the technology is early-stage, and can be implemented in many ways depending on the objective.

HCLivess

legendary

Activity: 2114

Merit: 1090

=== NODE IS OK! ==

truth though numbers

NyeFe

hero member

Activity: 699

Merit: 501

Western Union killer,
Paypal killer,
Bank killer,
Fiat killer,
Killer of all government and financial evil,
Digital gold

Amph

legendary

Activity: 3248

Merit: 1070

decentralized register of all transactions, that also function as the best online wallet

mangodream

hero member

Activity: 672

Merit: 501

One of the first website that hasn't to be ashamed and who has suffered no attack since its creation.

Mehek

full member

Activity: 154

Merit: 100

Trustful and verified network...

Topic: Describe the blockchain in one sentence - page 5. (Read 4488 times)