Author

Topic: who runs blockchain site ? (Read 153 times)

newbie
Activity: 101
Merit: 0
January 09, 2018, 11:25:34 PM
#5
If you mean the blockchain.info site, it's owned by a party completely unaffiliated with Bitcoin. It's a private site with a block explorer and a wallet. If it goes down, well that's going to be problematic for its users.

If you mean the actual Bitcoin blockchain, it's not a website and is instead hosted by multiple people running nodes. It's why Bitcoin is a peer-to-peer currency. One or two going down wouldn't be a problem, and every single one going down is almost completely impossible.
Thanks for your very clearly explaination bro. It makes me understand more about blockchain technology
full member
Activity: 504
Merit: 100
January 09, 2018, 11:03:28 PM
#4
blockcain runs automatically with people who transact the blockcain of a decentralized transaction center in cripto currency, and when the price goes down it's normal in terms of trading and we should not be baiting with bulk sell.
jr. member
Activity: 98
Merit: 5
January 09, 2018, 10:45:02 PM
#3
I'm not exactly sure what you mean. Bitcoin nodes will respond to a well defined set of commands (called an API for application programming interface), so anyone who knows how can set up a website that calls those commands. This is why there are many websites that can tell you about the activity on the blockchain.
hero member
Activity: 1834
Merit: 759
January 09, 2018, 10:45:01 PM
#2
If you mean the blockchain.info site, it's owned by a party completely unaffiliated with Bitcoin. It's a private site with a block explorer and a wallet. If it goes down, well that's going to be problematic for its users.

If you mean the actual Bitcoin blockchain, it's not a website and is instead hosted by multiple people running nodes. It's why Bitcoin is a peer-to-peer currency. One or two going down wouldn't be a problem, and every single one going down is almost completely impossible.
newbie
Activity: 53
Merit: 0
January 09, 2018, 09:52:22 PM
#1
who runs and hosts blockchain ? and what happens if it went down ?
Jump to: