What is blockchain?

[stijndehaan]

What is blockchain?

Nate Rush: What a Blockchain fundamentally is is it's a piece of infrastructure just like the internet. It's a little bit distinct because there are different ones. But in the same way that Facebook is built on top of the internet, bitcoin is an application that's built on top of the bitcoin Blockchain. You should think about Blockchain as infrastructure, for building this new class of verticals called decentralized applications which include things like bitcoin, Cryptocurrencies and Crypto assets, but also include other things, like education systems where your credentials can't be revoked so even if you get evicted from your home, because of political unrest, you can be sure you'll be able to get a job wherever you have to flee to. So that's what you should think of Blockchain: as an architecture, a protocol, a series of protocols that allow you to build decentralized applications.

[Incryptsnews]

Blockchain is a decentralized technology. It is a digital ledger maintained to record the transactions done in cryptocurrency and the records in blockchain can't be altered.

[steve.goodguy.davies]

It's amazing, what a broad scope of uses of blockchain technology is!

Do you know some interesting real uses of blockchain except bitcoin?

[ryan.hardingg]

It's amazing, what a broad scope of uses of blockchain technology is!

Do you know some interesting real uses of blockchain except bitcoin?

Some interesting real uses of blockchain except bitcoin are :

Ethereum. Smart contracts and DApps.
Monero. Anonymous private digital money.
Factom. Decentralized notary.
Golem. Decentralized supercomputers.
Ripple. Cryptocurrency for banks.

[anne.flemings]

Ethereum, Golem and Monero have marked a revolution. It's coming home..