Blockchain a revolution

ghullamjillani (25)in #bitcoin • 7 years ago (edited)

Ok so you might have listened, read or watched enough of the bitcoin 500k or 1M per bitcoin in 2020, but in this article, I will discuss more the basic working aspect of it. You might have at some point used the postal service and observed that it is a pain in the ass to, first of all, write and post it and after the advent of e-mail service you can send the same piece of information within seconds.If you compare money vs crypto it is almost the same battle as it is between e-mail and letter. With cryptocurrencies, you can send value to anyone in the world within seconds without any outrageous fees or a long waiting time that traditional money sending system takes.The record is kept in a publicly stored ledger called blockchain it maintains all the record of which address sent it and to which address the crypto was received and when it was sent.Thinking about how much applications it can have in the day to day life of a person really excites me it is more than just a currency it can be implemented in every aspect of our life from day to day record management to large-scale industrial communication.It is paving the way for a completely decentralized future.