Source
Before any panic, let me clear the air with this; Blockchain did not invent Bitcoin, Bitcoin itself is the oldest, most capitalized, decentralized, robust, and most secured Blockchain.
Below are some of the reasons;
Majority of Bitcoin derive their structure and design from the Bitcoin Blockchain.
Blockchains and crypto are relatively intersection of cryptography, economics, and politics.
In a way, Blockchain is somewhat the perfect definition of consensus.
Cryptocurrencies can still operate even without a Blockchain.
The invention of Bitcoin actually forced the birth of Blockchain technology.
As we said in our other post, Blockchain could be seen as a chain of blocks. Interestingly, Blockchain Technology can also be used to store information about transactions and as well keep a perfect record of the past.
However, Blockchain ledgers are distributed amongst all computers that elect to run their software.
If you find this interesting and useful please feel free to upvote and reblog ;)
Disclaimer: Trading cryptocurrencies carries a high level of risk, and may not be suitable for all investors. Before deciding to trade cryptocurrency you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with cryptocurrency trading, and seek advice from an independent financial advisor. ICO's, IEO's, STO's and any other form of the offering will not guarantee a return on your investment.
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This post has zero to do with #introduceyourself, it is a misuse of the tag; please remove the #introduceyourself tag from it @cryptofanatic.
You see it focused on newbies hence the tag. Well, I’ll remove either way. Thanks!
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