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Topic: Describe the blockchain in one sentence - page 5. (Read 4478 times)

hero member
Activity: 1302
Merit: 577
avatar and signature space for rent !!!
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.
newbie
Activity: 280
Merit: 0
Bitcoin Transaction confirmation checker by Hash OR BTC path checker.

Thanks....... Smiley
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.
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
hero member
Activity: 1190
Merit: 534
April 24, 2018, 12:39:01 PM
#94
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".
newbie
Activity: 108
Merit: 0
April 23, 2018, 11:02:55 PM
#93
i see it as an innovation that has the potential to change our currently much dated financial system.
newbie
Activity: 18
Merit: 0
April 23, 2018, 10:42:01 PM
#92
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.
newbie
Activity: 116
Merit: 0
April 23, 2018, 10:35:30 PM
#91
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.
newbie
Activity: 70
Merit: 0
March 26, 2018, 05:03:12 AM
#90
Blockchain is a completely transparent system, thanks to which in the future the world will change for the better!
jr. member
Activity: 224
Merit: 1
March 25, 2018, 12:16:01 PM
#89
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
jr. member
Activity: 350
Merit: 1
March 21, 2018, 06:07:50 AM
#88
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.
newbie
Activity: 90
Merit: 0
March 21, 2018, 05:52:54 AM
#87
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.
jr. member
Activity: 209
Merit: 1
March 21, 2018, 05:24:41 AM
#86
Blockchain builds bitcoin and other cryptocurrencies.
newbie
Activity: 56
Merit: 0
March 21, 2018, 04:49:44 AM
#85
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.
member
Activity: 223
Merit: 11
March 19, 2018, 07:45:38 AM
#84
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.
legendary
Activity: 2114
Merit: 1090
=== NODE IS OK! ==
April 13, 2015, 10:01:42 AM
#83
truth though numbers
hero member
Activity: 699
Merit: 500
April 12, 2015, 12:50:37 PM
#82
Western Union killer,
Paypal killer,
Bank killer,
Fiat killer,
Killer of all government and financial evil,
Digital gold
legendary
Activity: 3248
Merit: 1070
April 12, 2015, 12:38:51 PM
#81
decentralized register of all transactions, that also function as the best online wallet
hero member
Activity: 672
Merit: 501
April 12, 2015, 12:13:33 PM
#80
One of the first website that hasn't to be ashamed and who has suffered no attack since its creation.
full member
Activity: 154
Merit: 100
April 12, 2015, 11:59:15 AM
#79
Trustful and verified network...
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