Thread: 
SubscribeThat's why it is safe to invest our funds in the crypto world because all transactions are verified twice.Originally Posted by Alexthedefender04
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#7
That's why it is safe to invest our funds in the crypto world because all transactions are verified twice.
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#6
I think the next step in blockchains is distributing load - storage, CPU, network, etc. in a fair and trustless way, while maintaining the distribution in power. Blockchains such as bitcoin are vastly over-redundant.
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#5
A blockchain is truly a distributive system. It has a single block that can actually store around 1 MB of data.
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#4
But the main understanding for distributed systems is "distributed load". Blockchain networks doesn't distribute load, it actually does it the reverse way because every node validates, and re-validates all transactions/messages.
I was merely curious. Sorry if it's a stupid question.
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#3
A distributed system has characteristics that include redundancy and autonomy. Anyway, debating the definition of "distributed" has little benefit.
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#2
According to the wikipedia, it is decentralized and oftentimes available in public, an online ledger that cannot be altered without the alteraion of all subsequent blocks.
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#1
Yes? But in a "distributed blockchain network", it might the the opposite of "distributed", because every node must validate every participant's transactions/messages, taking the processing by themselves.
Have we misunderstood what it truly is?
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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