We are here to assist you in blockchain education. Providing you with the information to understand the huge technology advances in today’s world. Helping you get up to speed with this new technology is our main goal. The information we have compiled can do exactly that.
Blockchain’s untouchable digital ledger of financial business that can formulated to record not just monetary transactions but practically everything of value.
To Streamline the learning curve we have broken down the blockchain education for you below.
- Tracking every transaction ei.. cryptocurrency/ coins and yes even information.
- Taking care of the tracking of balances in all your accounts.
- Maintained and stored by thousands of miners accross the world!
- Every transaction that people receive and send is called a “block”. Example: MyEtherWallet, MetaMask, Parity and much much more. Furthermore, providing you with instant access.
- No more having to jump from system to system to see Ominex.com or other wallets. Get all your information on one location.
We all benefit by blockchain education, see below:
- Transactions Corrupted and/ or missed are thing of the past with Blockchain.
- Have you struggled with broken or corrupt databases? Gone too!
- Ever made or received an exchange or transaction in error without the other parties consent? No more with Blockchain!
Blockchain technology is the brainchild of a person or group of people known by the pseudonym, Satoshi Nakamoto.
What is Blockchain you ask? We are here with our Blockchain Educaiton to assist you in understanding this amazing technology.
Creating a dependable accessible database for you to access all of your digital currency like Bitcoin. Blockchain is updating constantly and is always accessible to you and we are finding more potential uses for this technology.
Meanwhile, Bitcoin aka “Digital Gold” is close to the value of $350 Billion US (last time I checked) , and it will not stop there.
You do not need to fully understand Blockchain to use it. So don’t let that stop you!
Having some basic knowledge is all you need to start with Blockchain. But, as time goes by you will indeed become more familiar with it. Just like computers, our new cars and don’t forget about our smartphones (I remember the days of Phone booths) . But don’t worry, you will grow and learn more daily!
What is a distributed database you ask?
For Instance, Picture as spreadsheet with thousands of people sharing it. It’s running continuously across a wide variety of computers. So just imagine that whenever someone updates the spreadsheet with validated truth the spreadsheet will then automatically update. Understanding this process is the basic description of Blockchain. See below for other benefits and functions:
- Every 10 minutes the database is reconciled and validated on the with information.
- The database is not stored in a single location but over a global connections.
- Blockchain records are verifiable and truly public.
- Hosted simultaneously, by millions of users of there computers. So the information is available for anyone on the internet.
- But above all.. Truth. Extreme Transparency and Security.
Transparency Education:
Living in a state of constant Consensus as Blockchain does. It automatically checks every ten minutes to self-audit its digital ecosystem and reconciles every transaction that has transpired aka “block”! For instance, Blockchain creates these two important properties by this action.
- Data is embedded in the network and creates Transparency also called Public.
- It cannot be corrupted because Blockchain is not held in a single location.
Robust and Durable Education:
The information stored in the blocks of Blockchain throughout the network are identical, providing you with the following:
- NO Single entity control.
- NO Single Failure Points.
- NOT a chance of being embezzled or corrupt
Just a Little History for you!
For instance, the invention of”Wallet” application allowed the general public to access the financial sector and use the blockchain cryptocurrencies.
First used to buy things with Bitcoin, access and store it with cryptocurrencies. We highly recommended our Ominex for your blockchain wallet.
You can directly transact with each other and feel safe and secure with Blockchain. To see the latest Market Cap go here!
Start here today!
Dont live in the past, but instead grab hold of the future! Become a Cyrptocurrency Miner. So why not start the easy way with our blockchain. Consequently, you do not need to fully understand it or put capital at risk You will not need to put your capital at risk or completely understand. JUST GO HERE Get the information you need to securely and safely use this on you very own computer.