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What-is-blockchain-technology?
5 Answers
- Anonymous2 months ago
YouTube has some good videos explaining that technology. There is not enough space in this comment section to provide an adequate answer.
- 2 months ago
It simply means every group (company) in a supply or financial chain knows what everyone else is doing as to basic things. In a simple way, all of the computers are connected so nobody can change anything without other records existing. Wiki has a good summary. https://en.wikipedia.org/wiki/Blockchain
- JASONLv 62 months ago
Isn't it the thing that verifies cryptocurrency by holding data on multiple accounts across all accounts.
- davidLv 73 months ago
block and chain -- refers to technologies that existed before electronics. A real block and chain was used in the past to lift heavy objects --- some still use it to lift engines out of cars to work on them. You attach a hook to the object to be lifted, then physically pull on the chain to lift the object. == More manual labor involved than electronics.
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- 3 months ago
YouTube has some good videos explaining that technology. There is not enough space in this comment section to provide an adequate answer.