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RAMENSOUP

Help. Is blockchain a wallet?

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Blockchain is first of all the technology that cryptocurrencies are running on and they are recording the transcations of them. Each coin has its own blockchain and miners are mining blocks. But also there is a company called blockchain and has this wallet service.

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There is a blockchain wallet website and they have a mobile wallet too. The blockchain is technology but this wallet has took the name and just confuses everyone because they decided to do that.

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I am not known this my dear if the blockchain is also a wallet. I am hear a lot and I am found the blockchain website that has wallet there for us. But I am miss the part about what it has to do with the blockchain of Bitcoin.

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There is a wallet called blockchain but I don't suggest using it. The blockchain is also the underlying technolocy of cryptocurrencies, most are based in blockchains to store the transactions and the cryptocurrencies are inside the blockchain recorded and moved with the use of private keys and hash functions.

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Blockchain can be defined as a system of recording information in a way that makes it difficult or impossible to change, hack, or cheat the system and now they introduced their own wallet called blockchain wallet which is one of digital wallet that allows users to store and manage their bitcoin and ether. 

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On 1/20/2020 at 1:41 PM, Mehnil125 said:

Yes i think that blockchain is a wallet but it is not any other wallet it is the digital wallet in the case of earning money in the crypto currency website. 

Yes blockchain wallet is for real and it has a few coins but it delivers a top notch service and you won't go wrong making use of the wallet. They even seem to have partnered with ledger to build them a hardware wallet that they have embedded into their wallet. I highly recommend their service.

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You are right that Yobit is good in terms of online wallet but blockchain and wallet. Now you can secure your bitcoin a lot and lower the transaction fee simple. Reliable and many uses this wallet.

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Yes blockchain is a wallet and an app. Many people say blockchain is most popular place to keep secure your cryptocurrency eg bitcoin, litcoin,  ethereum and others.

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The blockchain is blocks of a certain size that contain transcations. For Bitcoin each block is 1mb in size and the miners fill it with transactions. Fees are important too and are increased and priced according to the sats entered by the user and the size of the file multiplied.

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Except from the wallet that has this name, there is also the blockchain that is what cryptocurrencies are using to record the transactions permanently and it is also where the cryptocurrencies are stored and give you access to move them with the use of private keys.

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Blockchain as it is the name today it is two things.

  1. The technology created by Satoshi which Bitcoin and most cryptocurrencies use for the transcations
  2. The private company that created a wallet and named it blockchain
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On 1/19/2020 at 4:10 PM, RAMENSOUP said:

Is blockchain a wallet? I've heard it everywhere here in this cryptoworld.  Is a wallet the only function of blockchain ? or is there something more ? I'm confused. 

If dear friend and partner of the great blockchain forum, you consider a wallet where you can store your cryptocurrencies personally requested, I would advise you a wallet that will provide you with your private keys
Good luck and big winnings for the whole community
A big greeting

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Within the world of cryptocurrencies, the Blockchain refers to a system that receives and sends information, however, in 2013 a genius decided to create an online wallet system, under the same name "Blockchain wallet" which provided him with free advertising quickly, it is for that reason that the term lends itself to confusion.

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It is because you are mixing things up. Blockchain is a pu mix ledger where all crypto transactions are stored. Everyone can access those records as long as they have access to the blockchain. There is also a wallet which is called blockchain wallet where you can store a few crypto currencies.

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Blockchain is a term used for a mechanism in which cryptocurrencies record their transactions. There is a crypto exchange called blockchain which is named after the blockchain technology of cryptocurrencies

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On 1/19/2020 at 8:10 PM, RAMENSOUP said:

Is blockchain a wallet? I've heard it everywhere here in this cryptoworld.  Is a wallet the only function of blockchain ? or is there something more ? I'm confused. 

There is no need to be confused dear friend Blockchain is very good wallet to store cryptocurrency and it is very secure . We can transaction and exchange our money easily by using this wallet .

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Actually blockchain is a process and it is operated by by the crypto. There is no doubt and it is also wallet. It is used very widely and this is the secure wallet. So don't worry about this.

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yes blockchain is one of the major wall is available in the market right now, it is also through the blockchain technology that the whole cryptocurrency investing trading and payment related things are carried out. You know what the address which we have for withdrawal and deposit right ? That is based on the blockchain technology.

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El 19/1/2020 a las 11:10, RAMENSOUP dijo:

¿Blockchain es una billetera? Lo he escuchado en todas partes aquí en este mundo criptográfico. ¿Es una billetera la única función de blockchain? o hay algo mas Estoy confundido. 

If you mean the blockchain, this is totally a wallet as such, now it also has its specific websites but I don't really know what your question is, so I recommend creating a little more explained topics.

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Blockchain is a platform where all kinds of transaction in Bitcoin is tracked and recorded but there blockchain wallet also where you can store your bitcoin and other crypto currency .

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yes of cours brother the blockchian is the best wallet all the time so that is so easy 

The blockchain is the bitcoin wallet, also it can be used as the explore to tracking the bitcoin transactions also it allowing all bitcoin transactions

i hope i answer to your question about that , and good luck .

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Yes blockchain is a good wallet. There are many different wallets in the crypto world. But blockchain wallet is safe and secure wallet. You can easily withdraw from this wallet. It's transection fee is very low. It is easy to use it.

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Hello friend, Blockchain is the really settled wallet. You can make the blockchain wallet in the not many advances. Subsequent to making wallet, it may request that you confirm your KYC. KYC check on the Blockchain wallet is basic you can do even with cell phones.

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In my experience Blockchain is a popular crypto wallet.  Whose security system is more robust and reliable.  Where you can secure your crypto and make crypto transactions.

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On 1/19/2020 at 7:10 AM, RAMENSOUP said:

Is blockchain a wallet? I've heard it everywhere here in this cryptoworld.  Is a wallet the only function of blockchain ? or is there something more ? I'm confused. 

Blockchain wallet is just like other online crypto wallet where you can store your bitcoin it was owned by the biggest industry called blockchain technology .

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