Good explanation of what is Blockchain

in blockchain •  8 years ago 

Good explanation of what is Blockchain


#blockchain / #cryptography / #security / #transparency / #decentralizedstorage

Importance of Blockchain is for decentralized storage of information for security in the form of cryptography and transparency through wide validation.

Blockchain is a peer to peer software technology.
Blockchain is invented for an alternative currency, bitcoin, other crypto services, online services, voting services.
Blockchain less cost of sending money. Uses other personal computers in the internet.

Blockchain can track precisely all transaction.

blockchain cryptography security transparency decentralizedstorage
8 years ago by

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      ·  8 years ago 

    This was helpful. I knew about cryptocurrency for years thanks to Bitcoin but only recently started really learning about it. I just joined Steemit yesterday in fact. The specifics of blockchain technology was one of the last pieces I needed to understand better and these videos helped. Thanks.

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        ·  8 years ago 

      Your welcome @jae5086! I will post more video in regards to cryptography and similar stuff. you can add me to receive updates.

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          ·  8 years ago 

        Will do, thanks for the work. Speaking of which, I have to go do some of that now.

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