blockchain
3
5.9
- noun
- /ˈblɔkˌtʃeɪn/
- Texting
:
cadena de bloques
- Bitcoins are not issued by any entity; instead, they are created automatically by the blockchain as a reward for miners when they successfully validate new blocks.
- blockchain technology
- blockchain ledger
- blockchain network
What's the longest running blockchain in the world?
- What's the longest running blockchain in the world?
- Can you explain to people how the blockchain of Bitcoin works?
- So I'll say what blockchains can do in a moment.
- Most NFTS are stored on a blockchain called Etherium.
- And that's the core of blockchain technology.
- OK, they're safe as long as the blockchain exists and IPFS exists.
- And you know, they could crack the blockchain, they could crack the code.
- And that's one reason blockchain solves that, Correct.
- But NFTS exist on a different blockchain, typically the Etherium blockchain.
- Well, you can think of a blockchain as a linked list of hash pointers.
- They had a flawed vision of how adoption works and what blockchain should optimize for.
- Bitcoin and blockchain, that whole idea does not have a central server.
- So what is the role of blockchain in this?
- A Merkel's tree is just the way blockchain and hashing works.
- It allows him to write to the Bitcoin blockchain and that, that, that.
Examples
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In a blockchain, each block is linked to the previous one, ensuring data integrity.
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Bitcoin is one such cryptocurrency that has recently jumped into the spotlight due to the disruptive potential of its underlying blockchain technology.
Academic text (2018) -
So why does blockchain prevent that from happening?
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Can you explain to people how the blockchain of Bitcoin works?
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Bitcoin operates using blockchain technology.
Academic text (2018) -
Blockchain is the system that facilitates and records the payment of Bitcoin from one party to another, though blockchain technology is not exclusive to Bitcoin.
Academic text (2018) -
When using the blockchain, parties transact with each other by notifying every participant on the network that the transaction is taking place.
Academic text (2018) -
A blockchain is a distributed ledger that facilitates the transmission of transactions to all nodes on a network.
Academic text (2018) -
The blockchain securely records all transactions, making it tamper-proof.
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Many businesses are exploring the potential of blockchain for secure data management.
Synonyms
4
5.5
A digital record of transactions shared and checked by many computers so it cannot be changed easily
Antonyms
How Secure
Surface Forms
Etymology
Blockchain comes from the two simple words block and chain: imagine a line of 'blocks' of records linked together like a metal 'chain'. Because each block is connected to the next, it is hard to change old records, which is why a blockchain keeps information secure.