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Topic: What is blockchain? (Read 1104 times)

full member
Activity: 154
Merit: 100
February 29, 2016, 02:59:02 AM
#22
toady i read here about Blockchain...
want to know more about it..

blockchain is a online internet banking system,you should create blockchain wallet then you will know better.
legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
February 20, 2016, 08:46:41 AM
#21
The blockchain I think you are referring to is the one that stores all the information in bitcoin about mined blocks, transactions, and pools. You can check other peoples balances and transactions as well, and look at unconfirmed transactions and confirmed alike.
hero member
Activity: 714
Merit: 528
February 20, 2016, 08:01:05 AM
#20
There's 2 version of blockchain
Blockchain wallet, where you can open and store all of your Bitcoin there (Though i don't recommend it as it has security flaws)
The second one is blockchain.info
Blockchain.info serves as ledger for bitcoin where you can see all of the transactions that is currently happening in Bitcoin world Wink
And you can peek inside someone's wallet and see their balances also Tongue
hero member
Activity: 560
Merit: 500
February 20, 2016, 07:10:47 AM
#19
Blockchain is future of money transferring that's for sure!
Witch system will prevail we will see.
Bitcoin is First and one of many on blockchain!
legendary
Activity: 1554
Merit: 1054
February 18, 2016, 03:47:58 AM
#18
Blockchain is a bitcoin wallet. It used for store and keep your bitcoin. It's like when you received your bitcoin from faucets and signature campaign so it goes to your wallet. blockchain.

Blockchain is more than just an online wallet. Blockchain is actually just another block explorer of bitcoin, probably one of the oldest block explorer however not the most reliable and it contains alot of ads, apart from that the other feature of it would be the online wallet feature however it is by far the less secure wallet around
Yeah. It's more like a database storing all the transactions. Why would you say the wallet is less secure? If we own our private key, we own the wallet as well which makes blockchain more reliable and widely used by many forum members. I doubt anyone never having owned a blockchain wallet ever or not having heard of it.
legendary
Activity: 2198
Merit: 1032
February 17, 2016, 02:14:02 PM
#17
Blockchain.info , you can make wallet there and use the address to receive and send money,You can make multiple addresses , You can send multiple payments in one transaction you can store bitcoins in it .It's a pretty good thing.Please read the both links you will understand more what is it .

https://blockchain.info/wallet/bitcoin-faq
http://www.investopedia.com/terms/b/blockchain.asp
sr. member
Activity: 623
Merit: 262
February 17, 2016, 01:46:57 PM
#16
Blockchain is a bitcoin wallet. It used for store and keep your bitcoin. It's like when you received your bitcoin from faucets and signature campaign so it goes to your wallet. blockchain.
I think its not just a bitcoin wallet.  And i think bitcoin is a public ledger of all Bitcoin transactions.
It records all transaction that we send..  You can read this article to know about more in block chain..
http://www.investopedia.com/terms/b/blockchain.asp

Yes its really a good application apart from bitcoin wallet , we feel secure using blockchain and it has all the track of our transactions.
legendary
Activity: 1456
Merit: 1000
February 17, 2016, 01:37:34 PM
#15
Blockchain is a bitcoin wallet. It used for store and keep your bitcoin. It's like when you received your bitcoin from faucets and signature campaign so it goes to your wallet. blockchain.
I think its not just a bitcoin wallet.  And i think bitcoin is a public ledger of all Bitcoin transactions.
It records all transaction that we send..  You can read this article to know about more in block chain..
http://www.investopedia.com/terms/b/blockchain.asp

The two seem to get confused sometimes.  Blockchain.info was very smart on their naming, that and business sense they have become a HUGE bitcoin company.  They just do the majority of hot wallets.

But blockchain in general is totally different then blockchain.info.   I think OP wanted to know more about the blockchain behind BTC not the wallet.  There are some pretty good videos on the topic I would suggest OP hit youtube and take a look.
legendary
Activity: 2030
Merit: 1030
Privacy is always important
February 17, 2016, 12:31:57 PM
#14
Blockchain is a bitcoin wallet. It used for store and keep your bitcoin. It's like when you received your bitcoin from faucets and signature campaign so it goes to your wallet. blockchain.
I think its not just a bitcoin wallet.  And i think bitcoin is a public ledger of all Bitcoin transactions.
It records all transaction that we send..  You can read this article to know about more in block chain..
http://www.investopedia.com/terms/b/blockchain.asp
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
February 17, 2016, 12:27:12 PM
#13
It is the unalterable record of every bitcoin transaction in history. A "public ledger".
legendary
Activity: 2982
Merit: 1506
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February 17, 2016, 12:22:21 PM
#12
Blockchain is a bitcoin wallet. It used for store and keep your bitcoin. It's like when you received your bitcoin from faucets and signature campaign so it goes to your wallet. blockchain.

Blockchain is more than just an online wallet. Blockchain is actually just another block explorer of bitcoin, probably one of the oldest block explorer however not the most reliable and it contains alot of ads, apart from that the other feature of it would be the online wallet feature however it is by far the less secure wallet around
sr. member
Activity: 420
Merit: 250
February 17, 2016, 03:36:40 AM
#11
Blockchain is a bitcoin wallet. It used for store and keep your bitcoin. It's like when you received your bitcoin from faucets and signature campaign so it goes to your wallet. blockchain.
sr. member
Activity: 364
Merit: 254
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February 16, 2016, 07:15:36 PM
#10
It also keeps track of all bitcoin transactions as an open ledger
sr. member
Activity: 392
Merit: 250
ドラゴンスピ
February 15, 2016, 10:29:09 PM
#9
toady i read here about Blockchain...
want to know more about it..
GOOGLE know everything what you want to learn Roll Eyes
https://www.google.com/#q=blockchain
hero member
Activity: 672
Merit: 503
February 15, 2016, 10:20:53 PM
#8
toady i read here about Blockchain...
want to know more about it..

Blockchain is an online bitcoin wallet for stored  your bitcoin. it's like bank in real life though. But blockchain don't have interest like bank, it's only stored your bitcoin. CMIIW

thats the blockchain (as wallet and block explorer) but the realy blockchain in bitcoin world is the chain of network for all the data of transactions done since day1
sr. member
Activity: 420
Merit: 250
February 15, 2016, 10:05:59 PM
#7
toady i read here about Blockchain...
want to know more about it..

Blockchain is an online bitcoin wallet for stored  your bitcoin. it's like bank in real life though. But blockchain don't have interest like bank, it's only stored your bitcoin. CMIIW
sr. member
Activity: 364
Merit: 254
CryptoTalk.Org - Get Paid for every Post!
February 15, 2016, 09:52:49 PM
#6
Apparently it's like a spreadsheet and blockchains can be created outside of bitcoin from what I understand.
hero member
Activity: 756
Merit: 500
February 15, 2016, 08:06:43 PM
#5
toady i read here about Blockchain...
want to know more about it..
blockchain is like the public ledger for bitcoin, it has records of every bitcoin transaction ever done. thats why it takes forever to download lol.
legendary
Activity: 1162
Merit: 1000
February 15, 2016, 05:30:32 PM
#4
blockchain is a block explorer and online wallet( blockchain.info )
blockchain also is the history of all bitcoin transactions since bitcoin has been created.
sr. member
Activity: 434
Merit: 250
February 15, 2016, 04:37:59 PM
#3
toady i read here about Blockchain...
want to know more about it..


Block chain everything for bitcoin world, Create your wallet and Google about that, open your wallet in blockchain.info its to understand about it better.
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