What is Blockchain?

[Linaa2999 1645]

What I know about this topic is that it is a name that belongs to a security system invented by some programmers to raise the level of technological safety, and it is used in cryptocurrencies and some electronic wallets.

[Mica 308]

Block chain is a wallet that is used for investing and trading at the same time a place where one can store his earning and also do different exchange that will help one to get more values with airdrops.

[Huhh1440 712]

This technology provides us with an important and regular way of working without violating or bypassing any limit or rule of the forum rules, that is, it is a tight process through which anyone tampering with his accounts or trying to forge them is exposed.

[Reham Fares 136]

Thank you for sharing this very helpful post. I didn't know anything about the blockchain,and explaining it in this way really made sense. I appreciate your efforts.. Seems from the comments that it is a really safe way to keep scammers away. 

Edited April 13, 2021 by Reham Fares

[Jikansamu 1125]

On 10/31/2020 at 7:53 PM, Shoib said:

In my opinion, blockchain has proven to be the best wallet for saving transactions, trades and cryptocurrencies. I advise every person, especially beginners, to deal with blockchain because dealing with it is easy and does not require much knowledge.

Yes you're right, blockchain is worth our trust,a lot of members prefer using it because of it high security,it never gives you a reason to think it's insecured,your funds are always safe and no third party can know the transaction you're making,talk less of him tampering with your funds,blockchain is if not the best amongst the best wallets so far

[wissamabd 38]

Hello friend, the blockchain is a virtual network that is based on a computer algorithm network that currencies in particular depend on, such as Ethereum, Bitcoin, etc. There are many tokens that are based on one blockchain, and this network is managed by default without any personal intervention from anyone.

[MoradSaQr 756]

I don't know much about blockchain, but I do know that it's a chain that records transactions, and I think it's a wallet as well. I haven't used it yet, frankly, but it has a very good reputation. 

[Malik Abi 0]

Blockchain technology enables users to mine cryptocurrencies such as Bitcoin using software that is both fast and efficient in terms of its capabilities. So, whoever has the most up-to-date and creative tools will make the process more time efficient and profitable. To begin mining, you simply need to install the required steps on your desktop. There are several people who have benefited.

[Ammar4545 46]

Dear iam new bie. Earlier I have no idea about this. But you have shared a very beneficial information. Now i got awareness about this. For giving us this knowledge. I shall be thankful to you. This information helps us in future. 

[Nour kem 540]

It is like guards recording information, writing it down and using it when needed. It is really a wonderful feature that I found with a lot of ease

[Kristaal 817]

That's correct my friend , block chain is an incredible software , Decentralized relying on online connected devices to store information in a series of cubes, and this gives a very high security of information because it is impossible to penetrate it. An example of this is if you want to change one number in the hash cube, you must change what is before it in the chain and the one before it and before it until it reaches To the main cube, and to do this, you have to penetrate half of the world's electronic devices that work and mine Bitcoin.

[abohasnn9 2401]

Dear Blockchain technology, it is a technology that we created Satoshi Nakamoto when he created the Bitcoin currency in 2009, and this system is based on records.  Spreading the education of how to work in cryptocurrencies, the advanced new economic system, the large technology, cryptocurrencies, and the work at home said in general, and linking them to his work and one technique, which is blockchain technology. Thank you very much.

[mhamdhamdan37 450]

Blockchain technology is the technology that is a revolution in the twenty-first century, which adopts a block system and provides very high security, as it does not allow anyone to change unless it obtains the consent of everyone on the network.

[Claria 401]

A block chain it a wallet or a platform where one can keep different can of coins and also do transaction and exchange for investment for the purpose of getting profit.

[mechail 179]

I believe that it is one of the best and most secure electronic wallets, and that dealing with it is easy and fast, especially in investments and cryptocurrencies, and everyone should try it and express its experience.

[Abeera 755]

On 10/27/2020 at 1:34 PM, kafkas78 said:

The fact that we can briefly say 'Encrypted and Unchangeable Recording System' for Blockchain, but this does not make much sense for a person who is far from technology, right?

You're right 🙂 Then let's tell a little bit more simple story about this technology called Blockchain.

Let's go back years ago; When we go to the grocery store with a credit book and buy something, the grocery store would write this shopping both in its own notebook and in our notebook.
The reason for this two-sided writing process was to prevent one of the two parties from doing a recording or deletion without knowing each other.

Here is the working logic of the Blockchain system, the record entered into the system is kept simultaneously with all users in the system, and when a user tries to change his / her information without the consent of other users, it will not be accepted by the system because it will not be the same as the records of other users.

To be specific, Blockchain technology allows us to keep our data in an immutable and secure way. In addition, one of the main reasons why this technology is so valuable is that it does not need a center.

Many world giants such as IBM, Walmart, Unilever and Nestle have already started to use this technology. In addition, Georgia has now begun to test this technology in title deed transactions.

Dear I like your post and many member have confusion about block chains and I am also very confused about in word I have read many topics and I also have watch many videos from which I now get the proper idea about it.

[Mohammed33 461]

Blockchain is a technology that allows a person (or company) to transfer assets of value to another person safely and without the interference of any intermediary. A blockchain is simply a series of records or static blocks of data, and it is managed by a group of computers not owned by any single entity.