blockchain

Discussion in 'Crypto Assets' started by vanzandt, Aug 28, 2016.

  1. vanzandt

    vanzandt

    Was chillin' with the braintrust....

    I know nothing about cyber-currencies.... but what is "blockchain"? These folk seem to think its a big deal.

    Zandy is clueless and could care less,..... however .....the braintrust is what it is. Its way beyond me.

    Keyword.....Blockchain.

    .... Thought I'd share.
     
  2. rmorse

    rmorse Sponsor

    The Blockchain enables an anonymous transaction between two people that are unknown to each other, without the need of a third party – https://blockchainedu.org/learn/
     
  3. Pekelo

    Pekelo

    The blockchain is a quasi* anonymous ledger, the only valuable part of the bitcoin invention.

    *once your wallet is identified (tied to you), all your transactions using that wallet can be traced
     
  4. Pekelo

    Pekelo

    it is neither truly anonymous (see my post above) nor it is without a 3rd party. The necessary 3rd party is the miners, without them the system doesn't work...
     
  5. If you have to ask, you'll never know.
     
  6. vanzandt

    vanzandt


    I hope you don't take that attitude with your kids, ....present or future.

    .......Thanks Pek and RM.....
     
  7. Actually my son trades bitcoin. And he didn't have to ask. Must be in the genes. :D
     
    Hoi likes this.