WTF Blockchain

What is Blockchain

The Blockchain technology is though very flexible and advanced, with the ability to correct into any business models and providing resolutions to accessible issues.
Bitcoin transactions are stored and transferred via a distributed ledger on a P2P network which is open, public and unidentified.
The Blockchain applies Proof-of-Work (POW) algorithm to validate process. all user have to develop a POW.
Blockchain technology allows finances to be transferred wherever in the world securely, inexpensively, and in a substance of minutes.
Bitcoin hub on lowering the cost of influencers and reduces the time of transactions but is fewer flexible.
When Bitcoin users want to convert their Bitcoin’s into fiat money, they can use cryptocurrency exchanges to deal them for fiat currency or any other Cryptocurrencies.

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#blockchain #blockchain_bitcoins_simplified #wtf_is_blockchain

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