So Satoshi Nakamoto wrote a protocol
Topic: Do me a favor, tell me really clearly and slowly what exactly a blockchain is? - page 2. (Read 273 times)
October 30, 2019, 01:03:19 AM
The simple way to explain this is that it is a chain of transactions that are added to a decentralized database. In the Banking system the Bank use a centralized database/ledger that only they can access to record all the transactions that are done by their customers, but in Bitcoin you do not have a centralized database that are managed by a single entity.
So Satoshi Nakamoto wrote a protocol that enables 1000s of people to store a decentralized of all transactions that are done with the Bitcoin tokens and this is recorded on the Blockchain.
So Satoshi Nakamoto wrote a protocol
October 30, 2019, 12:54:25 AM
Yikes mate. Impressive you got your way through the job interview, but if I may give some advice, it's just going to end up worse and worse for you if you don't know what to write about.
Go read a lot of articles, if you want any chance of all at keeping your job, otherwise, I wish you good luck for future job interviews, because with this mindset it'll be very hard to keep one.
I'll help out, here are some informative videos
https://www.youtube.com/watch?v=SSo_EIwHSd4
https://www.youtube.com/watch?v=daQZt_klZhA
https://www.youtube.com/watch?v=5BGCKkgW8CU
Go read a lot of articles, if you want any chance of all at keeping your job, otherwise, I wish you good luck for future job interviews, because with this mindset it'll be very hard to keep one.
I'll help out, here are some informative videos
https://www.youtube.com/watch?v=SSo_EIwHSd4
https://www.youtube.com/watch?v=daQZt_klZhA
https://www.youtube.com/watch?v=5BGCKkgW8CU
October 30, 2019, 12:44:27 AM
I cheated my way thru in a job interview, for the role of the content writer of exchange, now my boss asks me to write about blockchain but I know nothing about it. Could you guys just give me a basic rundown of.... *Things?*. Anything and everything you feel would be nice to know here
Blockchain is a technology that involves running in a decentralized mesh of network that makes blocks (from the word itself, blocks in a chain). These blocks can handle sensitive data, such as transactions, files, or anything you can think of that can be transcribed digitally. Also, each blocks contain a pointer to its previous block through hash (result of a function based on the data inside). This means that any change within a block would change its hash value, and would disrupt the network. That's why there are nodes (computers that use computational power) that validate these data inside and make sure of the integrity of the chain. Since there are many nodes connected and validating incoming data, more than 50% of the whole network nodes should validate and agree to every new block created, so any attempt to alteration should have access to >50% of the nodes, which is near impossible. 
October 30, 2019, 12:38:20 AM
You have to admit if you don't understand or you can't answer it and it will look professional or you answer to try to find information and learn about the blockchain, as soon as possible if needed.
and you can find information widely and clearly through Google or Youtube.
Blockchain is digital technology
or large digital books based on decentralization and distributed publicly through online internet that functions to record or record transactions on many computers so that records cannot be changed retroactively without changing the next block or consensus on the network.
and you can find information widely and clearly through Google or Youtube.
Blockchain is digital technology
or large digital books based on decentralization and distributed publicly through online internet that functions to record or record transactions on many computers so that records cannot be changed retroactively without changing the next block or consensus on the network.
October 30, 2019, 12:20:35 AM
I cheated my way thru in a job interview, for the role of the content writer of exchange, now my boss asks me to write about blockchain but I know nothing about it.
You said "cheated"?
Well well, even if you manage to pass this test, I doubt you'll last in your position if you don't figure it out by yourself. Instead of cheating to get a job, you better increase your skill and run another interview (no cheat at all).
October 30, 2019, 12:14:39 AM
Well not meant to advertise but the one im using Okex they has a knowledge base, go visit ! https://blog.okex.com/
SPAM
Simply just admit to your boss that you don't have any idea on blockchain or else you will be like in a hell workplace.
In simple term, Blockchain is just like a ledger where all transactions are being recorded.
Every block contains data of transaction which is being listed on the blockchain. There is other definition on it which is more elaborate but complicated.
I suggest to use Google or Youtube because there is a lot of useful explanation out there which I myself used during my newbie days.
October 29, 2019, 11:45:31 PM
Blockchain is a digital technology that allows you to safely store and use large databases with various information using the Internet on-line. Based on the fact that it is absolutely safe to store and use such information with the possibility of public access to it, very good prospects open for using this information technology in various areas of our lives.
October 29, 2019, 11:18:09 PM
I cheated my way thru in a job interview, for the role of the content writer of exchange, now my boss asks me to write about blockchain but I know nothing about it. Could you guys just give me a basic rundown of.... *Things?*. Anything and everything you feel would be nice to know here
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