Blockchain is a unique discovery: someone's child or a group of people known as Satoshi Nakamoto. But it's increasingly important since then, and the main question that everyone asked is: What is Blockchain?
By allowing digital data to be distributed but not copied, Blockchain technology has created the backbone of the type of new internet. Initially developed for digital currencies, Bitcoin Community Technology (Buy Bitcoin) now finds other potential benefits from technology. You can also discover more info about blockchain at https://www.supercolony.net/.
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Bitcoin is called "digital gold" and for good reasons. So far, the total value of the total currency is almost $ 9 billion. Blockchain can make other types of numerical values. Like the Internet (or your car), you don't need to know how blockers use it. However, the basic knowledge of this new technology shows why it is considered revolutionary.
Durability and Strength of Blockchain
Blockchain technology is similar to the internet with default power. By storing the information blocks identical on your network, Blockchain can't:
1. No failure point.
2. Controlled by everyone.
Bitcoin was found in 2008. Since then, Blockchain Bitcoin has run smoothly. (So far, all bitcoin related problems are caused by hacking or mismanagement, in other words, this problem is produced from evil intentions and human mistakes, not because of imperfections in the basic concept).
The internet itself is almost 30 years old. This is a great record for Blockchain technology because it continues to evolve.