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What is ....?

what is block chain .. why it's so important?

10th Aug 2018, 7:22 AM
Ahmed Mamdouh
Ahmed Mamdouh - avatar
3 Answers
+ 2
Well, I can't think of a blockchain that doesn't run on cryptocurrency. Blocks of transactions take a lot of computing power to verify, so being able to "earn" cryptocurrency from contributing the required computing power is part of the incentive structure.
10th Aug 2018, 1:08 PM
Janningā­
Janningā­ - avatar
+ 1
There are many responses available via the search bar. Blockchain is a distributed ledger. It's actually not very important (yet), in my opinion. Even Ethereum is still in beta.
10th Aug 2018, 10:06 AM
Janningā­
Janningā­ - avatar
+ 1
is it just for crypto currency or has another importance ?
10th Aug 2018, 12:35 PM
Ahmed Mamdouh
Ahmed Mamdouh - avatar