What is BLOCKCHAIN?

[Maheen 17]

Very impressive explanation about block chain. I knew nothing of block chain before clicking on your post. 

[Daniel_666 45]

Block Chain is a type of database that stores information in the form of blocks that are linked altogether. When new data is written on any of the block then anyone can view the changes as the blocks are linked as a chain. This makes block chain very secure and safe. Any transaction made is not irreversible making it fast. It also does not requires any third party for transactions such as banks. Transactions can be made directly from buyer to seller. 

[Adeel55 77]

I think that blockchain is a technology and it is mainly use in cryptocurrency. Blockchain I just say it immutable data contract. Which usually require much further clarification it is a network of computer useslinked blocked to jointly main database get a record everything

[Rose5 916]

Blockchain is a plate form for sending and receiving crypto currency . People mostly used this forum due to protection security . Here are codes of computer . Actually we sending and receiving with through codes. This is connect to one peer computer to a other computer. 

[Aleena2468 43]

On 10/3/2020 at 10:13 PM, Albany1209 said:

           BLOCKCHAIN is a technology used mainly in the cryptocurrency financial industry, but that could be used in many more areas, it stores encryption and tracking information in its chains of a transaction or record in a public and secure way through the blocks that have an identification. or hash, (hash, is a unique number of each block to connect with each other with certain information), and thanks to the miners that make it possible to maintain this network with multiple computers connected to each other that have the same exact copies being unalterable and incorruptible said information generated in the chain (blockchain registry)

Blockchain is best technology soo far and there are many advantages of this technology too like it is decentralized, its security is very strong ,its transparency is the plus factor, and the best thing is no third party is involved in it, so this is  very beneficial technology and your explanation was very good❤️ loved it!

[Shakoor123 33]

Very useful information share dear , I,m New to join crypto talk . It's nice wallet and more secure

[LOLIA NAHHAS 339]

When we say the words "block" and "chain" in this context, we are actually talking about digital information ("block") stored in a public database ("chain").
The blockchain is a chain of tokens that are used to execute transactions and create well-known cryptocurrencies such as Bitcoin.

[naticripto 203]

Great explanation. Much obliged to you. I felt that blockchain was a site that offered wallet administrations to digital money clients. It is a great idea to do an extraordinary mission of this idea. I see that there are as yet numerous clients who actually don't have the foggiest idea what blockchain truly is. 

[NomanAshraf787 69]

 Dear Basically blockchain is record of transaction of any person.

[Elibake64 162]

blockchain is essentially a digital ledger of transactions that is duplicated and distributed across the entire network of computer systems on the blockchain. Each block in the chain contains a number of transactions, and every time a new transaction occurs on the blockchain, a record of that transaction is added to every participant’s ledger. The decentralised database managed by multiple participants is known as Distributed Ledger Technology (DLT).

[MK AHMAD 1134]

Very nice topic mate as for me I have little idea and knowledge on what blockchain is all about but I have gain more knowledge and experience through many peoples response to the topic of discussion and I really appreciate for acquiring more knowledge and experience from you thanks so much

[Cree 11]

BLOCKCHAIN is an innovation utilized basically in the cryptographic money monetary industry, yet that could be utilized in a lot more zones, it stores encryption and following data in its chains of an exchange or record in a public and secure manner through the squares that have a distinguishing proof. or on the other hand hash, (hash, is a remarkable number of each square to associate with one another with certain data), and gratitude to the diggers that make it conceivable to keep up this organization with different PCs associated with one another that have similar precise being unalterable and morally sound said data created in the chain (blockchain vault)

[Muhammad umer 193]

In the most elementary terminology, Blockchain can be keyed out as a data arrangement that holding trading dossier and even allow security, diaphaneity, and decentralization policies. You can also imagine it as a chain of records stashed in the forms of blocks which are mastered by no individual federal agency. Blockchain engineering and the populace report of blockchain technology will vastly assist in monetary transactions.

[Joseph J 608]

Thanks for the good concept to learn a bit from each one. The Blockchain is a chain of blocks (Blockchain). It is a single,, consensual and distributed registry in several nodes of a network. In the case of cryptocurrencies, we can think of it as the accounting book where each of the transactions is recorded.

I think it is a technology that is making the globalization of cryptocurrencies possible in the world of finance

.

[godislovefll 1880]

I love blockchains and all their power when making transactions is incredible how perfect it is to make sending and reception much easier and the best of all is when it allows you to see the has where the record of everything comes out including amount, addresses used, date and commission.

[Mhdnaj 6]

Thanks for posting this type help full knowledge in you topic. Because i have no idea about block chain and how it working on a thing . And now i can learn from your comments as well as other experienced person in this forum.

[Abuzar678 51]

Blockchain innovation is utilized in numerous fields and I feel that its first use was in digital forms of money, however today I find numerous establishments that depend on it, for example, vehicle organizations or clinics in certain nations.

[Umar122 277]

Dear Friend! Depending on the usage of each person can be used to do different kind of transactions that are necessary for each user. Blockchain is a medium through which the users can make transactions between others. 

[Hadia khan 298]

I think blackchain could be used not only in cryptocurrencies . Blockchain refers a back end technology which is work behind the btc. I really like blackchain and I trust it..

[Faizan ali 80]

I think blockchain is a   technology that is mainly used in  cryptocurrency and it also used in other feild of life  it's actually a series of codes that  are used in determining the values of the currency and it gives useful information of transection.

[Sp19a1ma019 1076]

Dear good information about blockchain. And increase in the knowledge about Cryptocurrency blockchain technology. The procedure of not anywhere it is required specific place. 

[Mohammadmohd 206]

Thanks for the information you provided, it is amazing, Block Shine technology is an innovative technology used when Bitcoin was issued in 2009, everyone criticized it at the beginning, but now everyone admires what happened to Bitcoin and Success That happened

[Jahanzaib Choudhry 477]

Quote

On 10/3/2020 at 10:13 PM, Albany1209 said:

BLOCKCHAIN is a technology used mainly in the cryptocurrency financial industry, but that could be used in many more areas, it stores encryption and tracking information in its chains of a transaction or record in a public and secure way through the blocks that have an identification. or hash, (hash, is a unique number of each block to connect with each other with certain information), and thanks to the miners that make it possible to maintain this network with multiple computers connected to each other that have the same exact copies being unalterable and incorruptible said information generated in the chain (blockchain registry)

 

 I saw First time this information on the forum of Crypto Talk .It is more informative, unique and useful information. A lot of thanks dear for sharing this good information but why this information is necessary on this forum?

please tell me .

[Roseline 8]

I think blockchain technology is the best industrial revolution ever discovered. It's easy to understand how it works, and to realize its power and advantages. It has made the details on the blockchain open to you anytime and wherever you want. It ensured that the information transferred from one person to another without the chance for the first person to retain the same information.

[Castor de 11]

I learned about blockchain from a topic found in this platform. Blockchain is a memory where transactions and exchanges related to cryptocurrencies are stored. It's really a part of development in technology and this is becoming useful in various sectors. These are done by specialist 'miners'. This makes all the transactions traceable.