Blockchain & cryptocurrency explained simply, in pictures [OLD]

nikhilwins (35)in #blockchain • 7 years ago (edited)

sam -> kim doc.png

sam -> kim doc copy.png

sam -> kim coin.png

sam -> kim coin copy.png

no physical.png

one last thing.png

nodes explanation.png

t -> block.png

POW copy.png

For a deeper explanation of Proof of Work, check out my Steemit story here.

pow broadcast.png

ledger + hash.png

aftermath wallets.png

middle man.png

Block Growth.png

depend evil.png

must alter.png

good vs bad.png

Block growth race.png

#cryptocurrency #bitcoin #crypto #technology

7 years ago in #blockchain by nikhilwins (35)

Sort:

highwave (38) 7 years ago

Thats a great work , good read !

$0.00

nikhilwins (35) 7 years ago

Thanks @highwave, I hoped you learned a little from this post :)

$0.00

celeb (41) 7 years ago

Great breakdown, I had to read a few books myself to understand more about #blockchain

$0.00

nikhilwins (35) 7 years ago

I appreciate it @celeb! Same here, and I'm still learning to this day.

$0.00

STEEM 0.18

TRX 0.13

JST 0.030

BTC 58119.97

ETH 3054.21

USDT 1.00

SBD 2.26