Are you into bitcoin yet? Do you know all about it or nothing at all? What about all the rest of the cryptocoins? Well, you should start to pay attention because of something called the Blockchain. What is the blockchain, you ask? Well, I will explain in the next paragraph. To start, the reason I have some knowledge in this arena and something very few people know, is that before I ever made a YouTube video and after I had quit my job as a Store Manager of a retail pharmacy, I was a writer for two prominent bitcoin websites. I used to write for cryptocoinsnews and you can find some of those articles HERE. I also was the head writer of security and safety articles at bitscan and you can find most of those articles HERE. So, I do understand bitcoin and the other cryptocoins and while I do think they may be a great investment if done correctly and safely, I think the blockchain is far more important. I have had a few people ask and so I have made myself available for a 30 minute "crash" session where you will come out of that half hour knowing and understanding cryptocoins like bitcoin and I am also available for a 2 hour more in depth training, where you will set-up and use your own online web wallet, learn and understand the different types of wallets and then actually receive and send bitcoin all in a two hour personal session with me. If you are interested in either of these sessions, please sign-up for Skype and friend request me 'jeranism truth' and let me know if you are interested. The half hour session is $50 and the 2 hour session is $150 and includes some bitcoin that you will keep at the end of the session. Now, why should you care about the Blockchain?
The blockchain is an undeniably ingenious invention that is truly brilliant and groundbreaking. Since the mysterious Satoshi Nakamoto released his white paperin 2008, it has taken off and become something much greater than even he intended and so the question I get all the time is: What is the Blockchain? To put it rather simply, it is the allowing of digital information to be distributed but not copied and this is why the blockchain technology has been used to created the foundation of a digital currency, Bitcoin. But since then, the talented tech community has found amazing new uses for the technology and so, in the coming years, many of the things we do with paper and pen today and even things we never dreamed of, all will be handled by the Blockchain. Things like elections, escrow, real estate transactions, insurance, large purchases, warranties, copyright protection, sexual consent and so much more will all take place on the Blockchain. The good thing and the bad thing about the Blockchain is like the internet (or your car), you don’t need to know how the Blockchain works to use it. However, having a basic knowledge of this new technology will show you and help you understand why it’s considered revolutionary.
Here is the extremely short of it... In the language of cryptocurrency, a block is a record of new transactions. Those transactions could be the location of your cryptocurrency or mine or our transactions with each other or with merchants in New Jersey or China. It could also be your medical data, voting records or a recent real estate purchase. Once each block is completed it’s added to the chain, creating a chain of blocks: hence a Blockchain. Now, because most private dealings like cryptocurrencies are encrypted, processing any of these transactions means solving complicated math problems (and these problems become more difficult over time as the blockchain grows). People who solve these equations are rewarded with cryptocurrency in a process called “mining.” Now, people will not be able to solve these equations at all, only very fast computers can solve them. However, for things such as real estate or warranty information, computers can solve these equations with ease creating a digital record that will be stored on the net by millions of computers who all house the Blockchain. Now, if you are confused, well... I only had three paragraphs... give me a little break. Feel free to contact me if you'd like to learn more.
If you are interested in donating any bitcoin or any other cryptocurrency, you are at the right spot! Please scan the QR code below to donate bitcoin and scroll further for instructions on how to donate most any coin you can imagine. Contact me if you would like to donate a coin that you don't see. And if you want to learn a little more about bitcoin, be sure to watch the video at the end of the page.