Any OTHER DEFINITION of BLOCKCHAIN other than below is a 💯% BLATANT #LIE.
There is ZERO 0️⃣ technology in THE COIN itself. Never was!
25 YEARS 24/7 Experience:
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Many focused on the 🤑 MONEY and Blinded themselves by the true Power of BLOCKCHAIN #SOFTWARE.
Case in Point! #Blockchain the power behind all coins. Is a #common_denominator.
How can #GAMBLING_ADDICTS 🎰 SELL A #COMMON_DENOMINATOR? to the Masses?
They CANNOT corner any financial markets by marketing a common denominator can they?
Bitcoin or #Shitcoin 💩 it doesn't matter bc zero tech resides in the coin itself.
BITCOIN is simply a placeholder name that has been replaced many times via forks. The coin itself is MEANINGLESS! NOTHING of VALUE!
You have been fooled by 🇮🇱 #ashkenazi_jews and usa 🇱🇷 #Zionists. both DUMBER THAN DUMB!
#REPOST from 2007 >> AGAIN in 2016 on #LINKEDIN as a #Top_Influencer for 12 YEARS until #CENSORED!
Repost here. (Evergreen)
As with anything to do with Currencies there are Downsides as well as Upside$. On the upside the competition for #Crypto_mining is #fierce. The whole idea to crypto mining is for the #miners to #confirm that each #block in the #chain is #ACCURATE. #Internal_policing is used to confirm all transaction in each block multiple, multiple times.
This #insures #high_integrity of each #transaction -which is also referred to as a #Hard_Promise.
#Unlike #CENTRAL_BANKS that offer only #Soft_Promises -while our "Dollars" are picked at -until gone..
A #BLOCKCHAIN transaction is NOT a Payment. A BLOCKCHAIN transaction is a #Software_Program, which is referred to as the technology known as #Blockchain.
The #power is in the #software. ABSOLUTELY NOTHING TO DO WITH THE COIN!
Its not the "payment" that is irreversible, its the #BLOCKCHAIN_PROGRAM" that is Irreversible if truly #Decentralized.
CPU's are a common denominator as well? EVERYONE HAS GOT AT LEAST 1.
aka #native_decentralization
and the key COMPONENT for true decentralization which current bitcoin DOES NOT HAVE!
Transactions CANNOT be #APPEALED, #REVERSED (a big one) or #CENSORED.
#COINS built on TOP OF BLOCKCHAIN technology offers SOLID #Security, #PRIVACY, #Decentralization and #ANONYMITY AS WELL AS AUTONOMY.
But #ANONYMITY as well as #AUTONOMY WAS REMOVED FROM THE BLOCKCHAIN SOFTWARE #STACK??
aka #ENCRYPTION Rendering all Centralized Banks and Governments 100% POWERLESS OVER ITS CITIZENS!
#Banks or BIG GOV simply cannot compete with this technology..
~Give a man a Gun he will rob a bank, give a man a BANK he will ROB the World.. JP MORGAN~
1. STATIC PAGE: Are Bitcoin transactions anonymous and traceable?
https://cointelegraph.com/explained/are-bitcoin-transactions-anonymous-and-traceable
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