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RE: BLOCKCHAIN FOR DUMMIES - what would be your explanation? [question from my recent interview]

in Project HOPE4 years ago

HIVE.D!

Excellent Post!

Blockchain is a way of sharing a Spreadsheet so that the participants keep their transactions safe and the Shared network keeps the activities on the Spreadsheet TRUTHFUL. The first useful APP for a shared spreadsheet would be to use it to secure an Accounting Ledger; which is what BitCoin is. But spreadsheets can be used to track other information securely and transparently which is why HIVE is designed more for messages and blogging information where the Blockchain secures each individual's account seperately.

That's my 2 cents Piotr! Kind regards good sir!
And please keep up the AMAZING work you do for this Chain.
~Frank

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 4 years ago (edited) 

Love your explanation @frankbacon :)

Big thx for taking the time to drop this comment

ps. do you use Discord? I would like to invite you to our Project.hope community discord server:
https://discord.gg/uWMJTaW