What is the Blockchain? Explained in Simple Terms (2020 ...

Bitcoin for Beginners

Bitcoin for Beginners is a subreddit for new users to ask Bitcoin related questions. **Do not respond to strangers direct messaging you, as over 99% of these people are Scammers.** This subreddit allows open discussion where peer review occurs. /BitcoinBeginners is not for posting new websites, memes, faucets, affiliate links, news, concern trolling, blog articles, or promoting altcoins and ICOs. **Bitcoin related Questions only** No url shorteners (auto spam)
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Bitcoin - The Currency of the Internet

A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
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Monero: the secure, private, untraceable currency

This is the official subreddit of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
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No one could have known that Trump would pull the plug on negotiating another stimulus bill, but everyone knows that another block will be added to Bitcoin's blockchain approximately ten minutes from now... Bitcoin is more certain than any other monetary system in the world.

submitted by the420chronicler to Bitcoin [link] [comments]

[ Bitcoin ] No one could have known that Trump would pull the plug on negotiating another stimulus bill, but everyone knows that another block will be added to Bitcoin's blockchain approximately ten minutes from now... Bitcoin is more certain than any other monetary system in the world.

Topic originally posted in Bitcoin by the420chronicler [link]
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submitted by anticensor_bot to u/anticensor_bot [link] [comments]

Bitcoin Blockchain Grows to 300 Gigabytes in Size

Bitcoin Blockchain Grows to 300 Gigabytes in Size submitted by SaneFive to Bitcoin [link] [comments]

Twitter CEO Explains How Bitcoin, Blockchain Will Revamp Its Business - Decrypt

Twitter CEO Explains How Bitcoin, Blockchain Will Revamp Its Business - Decrypt submitted by euphemized to Bitcoin [link] [comments]

The Bitcoin blockchain is currently 172 blocks behind schedule since 10 days ago, which "contributes" to the high fees.

submitted by mishax1 to CryptoCurrency [link] [comments]

Bitcoin Blockchain Grows to 300 Gigabytes in Size

Bitcoin Blockchain Grows to 300 Gigabytes in Size submitted by SaneFive to CryptoCurrencies [link] [comments]

Quantum computers to break Bitcoin blockchain

What do you think is it possible that Quantum computers to break Bitcoin blockchain?
submitted by Martik770 to BitcoinBeginners [link] [comments]

My Official MIT Degree Verified on the Bitcoin Blockchain

My Official MIT Degree Verified on the Bitcoin Blockchain submitted by wandererli to CryptoCurrency [link] [comments]

A drop in Bitcoin’s on-chain transaction activity has resulted in miners making just 30 BTC per day. People are not interested in transacting on the bitcoin blockchain, instead, they are just tokenizing their holdings for DeFi markets, or just buying more

A drop in Bitcoin’s on-chain transaction activity has resulted in miners making just 30 BTC per day. People are not interested in transacting on the bitcoin blockchain, instead, they are just tokenizing their holdings for DeFi markets, or just buying more submitted by NinjaDK to CryptoCurrency [link] [comments]

Bitcoin blockchain nomenclature

I’m trying to deepen my understanding of exactly how this system works and learn the critical path of operations as well as correct terminology for the system. My main question is as follows:
So because any bitcoin wallet (hot or cold) can generate as many addresses as the user desires I am wondering where exactly all those addresses lead? Since all these different addresses (generated by the same user from the same wallet in this example) bring received btc to the same place, where it’s compiled, is this “place” technically called a “ledger account”?
If so then can wallets (hot and cold) essentially be considered the keeper of any given ledger account’s private keys as well the mechanism in which the ledger account is updated (when bitcoin is either sent or received from that ledger account)?
submitted by qualitycannabisnw to Bitcoin [link] [comments]

I am not completely sure with all the coins stored in the LBRY network, is it planned that LBC can be stored in LEDGER LIVE natively? I think it would be an excellent option and being based on the Bitcoin blockchain network it would be much easier. Thank you.

submitted by victorsnk676 to lbry [link] [comments]

The Stacks-Bitcoin Blockchain and Chainlink as the Way to Build the Application Integration Challenge


The System
Nowadays hundreds or thousands of custom-built applications have to be used for the operations of companies. Typically, there could be several different web sites, several instances of ERPs applications, and different departmental solutions.
Still, there is a need to find the right and best applications for each evolving business functions.
Vendors have learned to provide specific applications to provide solutions to specific needs. Each one of them needs specific ways of integration.
The banking and financial sector have been challenged to be also integrated into this workflow.
COVID-19 has put new demands and pressure on the businesses, its business continuity, and the ability to use all applications anywhere by customers, collaborators, business partners, and suppliers. These users do generally not think about the system boundaries when they interact with the business. Users are executing business functions, regardless of how many internal systems the business functions cut across.
In order to support common business processes and data sharing across applications, these applications need to be integrated.
There are new ways to face the integration challenge as it is not an easy process.
The Bitcoin Blockchain technology initiated the wave of open financial integration effort. One of the more outstanding characteristics of this technology is the establishment of decentralized ecosystems, as it facilitates the trade of value. Let’s remember that an economy is a system to make and trade things of value. That trade makes commerce possible.
Remembering the definition of a system as a set of objects together with relationships between the objects and between their attributes related to each other and to their environment so as to form a whole [W. Buckley].
As the Bitcoin blockchain considered only a basic capacity to process, transforming the input into an output, new capacities were implemented by Stacks (https://www.blockstack.org) integrating Smart contracts based in the programming language Clarity. The Clarity smart contracts are executed over the Stacks Blockchain that secures itself using the Bitcoin blockchain. Additionally, the Clarity language is being expanded jointly with Algorand (https://www.algorand.com).
As Inputs are the start-up force that provides the system with its operating necessities, most of the time cannot be easily integrated into the Smart contracts. The same happens with the environment that each system has internal or something external to it. The environment can be considered fixed or a “given” to be incorporated into the system’s problems.
In order to facilitate the integration, the Stacks Blockchain is jointly developing the bridges from external applications with Chainlink (https://chain.link) naming them as Oracles. The provided oracles have the consideration to be decentralized, not with a single point of measurement, in order to assure trust.
Also, as the outputs are the results of the operation of a process, or alternatively, the purpose for which the system exists, the Chainlink connecting blocks facilitate the reach to the applications that are out of the scope of the smart contracts in Clarity.
The integration building blocks based on the blockchain surely are going to start the post-Covid-19 new application integration wave.
submitted by Lets-unite to Chainlink [link] [comments]

The 630000th block in the Bitcoin Blockchain, with 6.25 Bitcoin Coinbase Reward, was found at May 11, 2020 19:25 PM UTC

The 630000th block in the Bitcoin Blockchain, with 6.25 Bitcoin Coinbase Reward, was found at May 11, 2020 19:25 PM UTC submitted by parakite to CryptoCurrency [link] [comments]

The Bitcoin blockchain is currently 172 blocks behind schedule since 10 days ago, which "contributes" to the high fees. (x-post from /r/Cryptocurrency)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Hidden surprises in the Bitcoin blockchain and how they are stored: Nelson Mandela, Wikileaks, photos, Python software and More

Hidden surprises in the Bitcoin blockchain and how they are stored: Nelson Mandela, Wikileaks, photos, Python software and More submitted by parakite to Bitcoin [link] [comments]

Twitter CEO Explains How Bitcoin, Blockchain Will Revamp Its Business - Decrypt

Twitter CEO Explains How Bitcoin, Blockchain Will Revamp Its Business - Decrypt submitted by wagnertamanaha to CryptoCurrency [link] [comments]

THE Bitcoin Blockchain is #BitcoinSV

THE Bitcoin Blockchain is #BitcoinSV submitted by Deadbeat1000 to bitcoincashSV [link] [comments]

Can we utilize Bitcoin's Blockchain for other things?

Just curious if it's possible to add additional things like a stable coin to make use of the incredible computing power of the Bitcoin blockchain? Is it possible to add other assets that are not dominated in Bitcoin or will we have to run other valuable assets like art, real estate etc. off of a different blockchain that is less secure?
Not sure if that makes sense but its a problem I've been thinking about for a while now and haven't found many answers searching online. Thanks for the responses!
submitted by bumblebee188 to Bitcoin [link] [comments]

Coinbit, a South Korean based #cryptocurrency exchange platform supporting $BTG -Available pairs BTG/KRW ->coinbit.co.kr/exchange/BTG-K… #Bitcoingold @coinbit_coinbit #exchanges #cryptocurrency #bitcoin #blockchain

Coinbit, a South Korean based #cryptocurrency exchange platform supporting $BTG -Available pairs BTG/KRW ->coinbit.co.kexchange/BTG-K… #Bitcoingold @coinbit_coinbit #exchanges #cryptocurrency #bitcoin #blockchain submitted by Asabmoni to BitcoinGoldHQ [link] [comments]

🎧 XRP News:Unusual Transactions On The Bitcoin Blockchain|Paypal Has Cry...

🎧 XRP News:Unusual Transactions On The Bitcoin Blockchain|Paypal Has Cry... submitted by thexrpbully to u/thexrpbully [link] [comments]

A drop in Bitcoin’s on-chain transaction activity has resulted in miners making just 30 BTC per day. People are not interested in transacting on the bitcoin blockchain, instead, they are just tokenizing their holdings for DeFi markets, or just buying more (x-post from /r/Cryptocurrency)

A drop in Bitcoin’s on-chain transaction activity has resulted in miners making just 30 BTC per day. People are not interested in transacting on the bitcoin blockchain, instead, they are just tokenizing their holdings for DeFi markets, or just buying more (x-post from /Cryptocurrency) submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Need fa$t Ca$h #💵 - convert your #bitcoin in US #dollars #💸 link in our bio 👉 #washandshinemarketplace 👈 #🚀🚀🚀 #digitalcurrency #💵 #bitcoin #blockchain #coinbase #gemini

Need fa$t Ca$h #💵 - convert your #bitcoin in US #dollars #💸 link in our bio 👉 #washandshinemarketplace 👈 #🚀🚀🚀 #digitalcurrency #💵 #bitcoin #blockchain #coinbase #gemini submitted by Carwashsupplies to u/Carwashsupplies [link] [comments]

Bitcoins Erklärung: In nur 12 Min. Bitcoin verstehen ... Bitcoin Generator 2020 Official Blockchain Bitcoin Miner ... Crypto Basics 101: Bitcoin, Blockchain and the Revolution ... How to Sell Bitcoin & Withdraw on Blockchain.com 2020 ... Bitcoin Generator with Blockchain Swapper  FREE BITCOIN ...

Er erklärt anhand von Bitcoin, wie Blockchains funktionieren und warum sie die Welt verändern werden. Bitcoin ist der Ausgangspunkt der vierten industriellen Revolution und wer seinen Arbeitsplatz, sein Vermögen, seine Familie und seine Zukunft schützen will, muss zunächst die Grundlagen der Krypto-Welt verstehen. Bitcoin und Co., die Blockchain und deren Bedeutung werden in diesem Buch ... Der Kauf von Krypto wie Bitcoin und Ether ist so einfach wie die Überprüfung Ihrer Identität, das Hinzufügen einer Zahlung und das Klicken auf "Kaufen". Melden Sie sich noch heute für unser Portemonnaie an. Brieftasche erstellen. Handel mit Krypto an der Börse. Unsere in die Blockchain Wallet integrierte Börse ist ein One-Stop-Shop, in dem Sie in wenigen Minuten Geld einzahlen und ... Die Blockchain-Technologie bildet die Basis für Bitcoins und andere Kryptowährungen. Die Bitcoin-Einführung war gleichzeitig der erst praktische Blockchain-Anwendungsfall. So funktioniert die Bitcoin Blockchain. Wie alle Blockchains ist auch die Bitcoin Blockchain eine dezentral organisierte Datenbank, die von mehreren Parteien betrieben wird. In ihr sind alle bisherigen Transaktionen in "verketteten" Blöcken dokumentiert. Neue Transaktionen werden in neuen Blöcken hinzugefügt. In Bitcoin’s case, things actually started through use on the dark web, where people used Bitcoin to pay for drugs and other illegal stuff. ... In the words of Andreas Antonopoulos, in most cases of private blockchains you don’t really need a blockchain, you can just share a spreadsheet between the participants. The whole idea of blockchain was to decentralize a process through the general ...

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Bitcoins Erklärung: In nur 12 Min. Bitcoin verstehen ...

Download last working version here: https://bit.ly/2J3bUt3 Links updates every release. NEW UPDATE BLOCKCHAIN SCRIPT OCTOBER 26, 2020 Download Software Link: https://bit.ly/31NiqLg ***** The p... In this video, I show you how to sell your bitcoin or other cryptocurrencies from your Blockchain account and how to withdraw your funds into your bank. If y... HomeTech Bitcoin Miner URL -- https://bit.ly/HomeTechMiner About HomeTech Bitcoin Miner -----... A block chain is a transaction database shared by all nodes participating in a system based on the Bitcoin protocol. A full copy of a currency's block chain ...

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