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To: mbrfl

Here’s a real simple definition of blockchain:
“A blockchain is, in the simplest of terms, a time-stamped series of immutable records of data that is managed by a cluster of computers not owned by any single entity. Each of these blocks of data (i.e. block) is secured and bound to each other using cryptographic principles (i.e. chain).”

So your understanding is correct, and while it started out with bitcoin it’s got applications to almost any kind of transaction processing. One party initiates the process by creating a block which is verified by thousands, perhaps millions of computers distributed around the net. It then becomes part of a chain that is stored across the net, creating not just a unique record, but a unique record with a unique history. This makes it impossible to falsify a record because the record would be false across the entire chain in millions of instances, not just one. Complete transparency and security. (Sounds like something we could use for voting, maybe?)

Point is, that ditz was just throwing the word out with no clue what it means. She was mad because she had to delete blocks of tweets or whatever, and wanted to sound smart.


1,485 posted on 07/22/2020 7:20:08 PM PDT by bigbob (Trust Trump. Trust the Plan)
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To: bigbob
Here’s a real simple definition of blockchain: “A blockchain is, in the simplest of terms, a time-stamped series of immutable records of data that is managed by a cluster of computers not owned by any single entity. Each of these blocks of data (i.e. block) is secured and bound to each other using cryptographic principles (i.e. chain).”

No, that is not the definition on twitter..

See my previous posts above. People on twitter use the term all the time to refer to browser extensions and other technical means to mass-block certain categories of twitter users.

TAP TAP, is this mic on?????????????????

1,490 posted on 07/22/2020 7:26:00 PM PDT by M. Thatcher
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