🔗 What is a Blockchain? (simple guide)📍What is blockchain?
The blockchain is a distributed ledger that offers transparency decentralization and data integrity.
🔹 Digital Ledger: A Blockchain is a digital ledger which keeps records of all transactions taking place on a peer to peer network.
🔹 Encrypted Information: All information transferred via blockchain is encrypted and every occurrence recorded, meaning once the block is created and added to the chain, it cannot be altered.
🔹 Peer to Peer: Lets you interact or send transactions with a peer, without an intermediary. Removes the middle man.
🔹 Data Sharing: The blockchain can be used for more than the transfer or currency. It can also be used to share contracts, records and any other type of data.
🔹 Decentralization: The blockchain is decentralized, so there isn’t a need for a central, certifying authority.
📍What are the Blockchain Core Components?
🔸 Blocks can be written and read by certain participants and entries are permanent, transparent, and searchable.
🔸 Transactions are recorded in chronological order on a continuously growing database.
🔸 A system of computers, connected via the internet, in which users at any computer can receive or send value to another computer.
🔸 Data is replicated and stored across the system over a peer-to-peer network.
🔸 It facilitates peer-to-peer transfer of value without a central intermediary, e.g. a bank.
🔸 Digital signatures and cryptography are used to secure the transfer.
👤 @AlgoBuddy
📅 Daily Ideas about market update, psychology & indicators
❤️ If you appreciate our work, please like, comment and follow ❤️
Distributedledgertechnology
QNT refill 7pocketmissed a few trades; going to have to revise alarms on TV .
if QNT is still retaining price discovery among the small amount of holders; then possible refill zone would bethis 7 pocket; otherwise i wonder if it will have to distribute and accumulate along $200 prices such as the length of ETH in past times.
Trading Disclaimer:
All trades and ideas posted from this account, including setups, are given for educational purposes only. 95% of trades never win, and instead realize losses. Trading involves risk, there are zero guarantees that you will win any given trade, including this one or others related to it or this account. If you follow any setups, you do so at your own risk, taking full responsibility of any actions and / or outcomes. Nothing posted is to be taken as financial advice. The information and opinions presented by this account should not be construed as investment or trading advice, and is not meant to be a solicitation or recommendation to take actionable trading on any asset, cryptocurrency, securities, or any other tradable digital asset.
All content presented is for entertainment and education.
No Financial Advice.
Past performances are not a guarantee of future outcomes and or results: trading involves strategizing probabilities, there are no expectations on any given trade.
Always do your own research and consult a team of professionals from finance and law before proceeding with any type of action in personal finance.
All information provided by this account is a general market commentary and does not constitute investment advice or financial advice. None of the information communicated in this accounts tradingview publishings are financial advice and/or incentives, solicitng, advertising, manipulation tactics, and any other malicious behaviour - no, solely for entertainment purposes ONLY.
Sep 5
Comment: currently watching some invalidation levels and key moving averages