Don’t get a mind-block over Blockchain

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In this episode of WTF is CryptoSpace, Chad and Brett discuss Blockchain and the many applications for distributed ledger technology as the foundation of the CryptoSpace. If you are a member of the CryptoSpace community, interested in Blockchain technology (you are not alone) or just curious about Cryptocurrencies such as Ethereum and Bitcoin then join us for your regular chat here at WTF is CryptoSpace.

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A blockchain is a public ledger of all transactions that have ever been executed. It is constantly growing as ‘completed’ blocks are added to it with a new set of recordings. The blocks are added to the blockchain in a linear, chronological order.

A distributed ledger is a database that is agreed to be shared and synchronised across network spread across multiple sites, institutions or geographies. … Underlying the distributed ledger technology is the blockchain, which is the technology that underlies bitcoin.

Ethereum Decentralised Apps (Dapps)
1. Golem
Network where anyone can make money ‘renting’ out their computing power.
Similar to an Uber for computers.

2. Augur
Predictive Market Network where anyone can bet on future events. It allows you to forecast events and be rewarded for predicting them correctly.

3. SingularDTV
A Blockchain Entertainment Studio Empowering artists with applications to manage and create projects from development to distribution.

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