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Blockchain : So is blockchain just hashing information ?

Blockchain : So is blockchain just hashing information ?


After reading a book, watching a few videos, i still don’t understand blockchain. The only thing i know is that it hashes certain information. Big Whoop. I program Javascript, if i wanted to start a service, what do i need to understand at the most fundamental level. I want to develop a blockchain application.

In a nutshell this is what i know so far about blockchain.
**Hashing**
**bitcoin**

and

**private ledger(wtf is that)**

Oh yeah, im looking to collab with other devs too

drop your github if interested.




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What is the Blockchain?



A block chain is a transaction database shared by all nodes participating in a system based on the Bitcoin protocol. A full copy of a currency’s block chain contains every transaction ever executed in the currency. With this information, one can find out how much value belonged to each address at any point in history.

Author: EliHood

Score: 1

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