You are viewing a single comment's thread from:

RE: Incorruptible of Economic Digital Ledger Transactions .

in #steemitbitcoin8 years ago (edited)

Here a quick summarize:
-Blockchain is a persistent transparent public append-only ledger
-It is a mechanism of creating consensus between distributed parties
-Miner validate incoming transactions and note them in the block
-They don´t need to trust each other but trust the system

Sort:  

thanks mate, you save me 10 mins reading tl:dr ver.

No Problem :)

Coin Marketplace

STEEM 0.06
TRX 0.31
JST 0.058
BTC 66136.30
ETH 1986.75
USDT 1.00
SBD 0.51