You are viewing a single comment's thread from:

RE: BLOCKCHAIN FOR DUMMIES - what would be your explanation? [question from my recent interview]

in Project HOPE3 months ago

Hi @crypto.piotr.

I believe blockchain should be understood literally as a block chain.

  • Blocks are a collection of data whose role is to describe an element or event.
  • The chain is the block-binding part, the common part.
  • Cryptographic records and a distributed data recording scheme in a decentralized form are used to secure information in the blockchain.
    *Decentralized means there is no one place where all data is stored.
Sort:  
 3 months ago 

Thank you for being so responsive @deathtox

You seem to have quite a serious knowledge about blockchain tech. However you do not seem to post about those topics on your profile?

Check out this link to our community: https://steemit.com/trending/hive-175254
Perhaps you will find it interesting and worth joining.

Cheers, Piotr