Sunday, 19 November 2017

Introduction to the Blockchain's project




I will work on the Blockchain and Bitcoin. We all have heard about Bitcoin but I am quite sure that many of us don't know how Blockchain model works and why is it a decentralized currency. 

So first of all, I would like to show the problems that our current monetary system causes. And then I would like to show how Bitcoin can solve these problems. I won't detail how the algorithm works  but I will try to explain it in a way that everybody can understand it. So I will try to clarify the mechanism which allows Bitcoin to be a decentralized currency which is solving many economic problems caused by our current currencies.

1 comment:

  1. Thank you for finally making this topic clear for the laywoman that I am.
    Sophie

    ReplyDelete

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