What is blockchain?!

Can someone explain what block chain is in extremely simple laymen terms? Also, besides bitcoin, what are some good usecases?

Add a comment
Microsoft Bad Hombre Aug 2, 2017

This is Blind bro, not Bing!

Capital One mmmkkk Aug 2, 2017

You are a bad hombre

Facebook baverly Aug 2, 2017

It's a public linked list where each item has certain rules to be added and contains a list of transactions 😉

Capital One mmmkkk Aug 2, 2017

Nodes are immutable

Square argv0 Aug 2, 2017

Who cares

CapTech JJNl18 Aug 2, 2017

LOL says employee from Square

Square argv0 Aug 2, 2017

I couldn't possibly be less interested in cryptocurrency bullshit. Waste of time power and resources.

CapTech JJNl18 Aug 2, 2017

Read Blockchain Revolution, great book.

Cummins anonc1 Aug 2, 2017

its a centralized distributed ledger of transactions that is almost impossible to hack or decieve..

Microsoft zuck2.0 Aug 2, 2017

Open public ledger

Google ATvk08 Aug 2, 2017

What is "Google?"

Cummins anonc1 Aug 2, 2017

What is 'sarcasm' !

Google ATvk08 Aug 2, 2017

I mean, seriously, low quality posts killed Secret. Let's set the bar higher here. This isn't Quora!

Google 2fpmob Aug 2, 2017

I'm involved in a blockchain start up working on an ICO (like an IPO, but more crowd sourced, and kinda wild wild west.) Go read up on it. It's a game changer.

Microsoft azuregb Aug 2, 2017

Blockchain = decentralized public ledger that records transactions. The game changing part is how they solved the Byzantine general problem

Microsoft microbill Aug 3, 2017

I wouldn't say solved. NEO with their dBFT algorithm is the only one that closely solves the concensus problem that most closely relates to the Byzantine General problem. Bitcoin and Bitcoin Cash use Proof of Work. And Ethereum is quickly working towards Proof of Stake.