Post
Topic
Board Beginners & Help
Re: Why is blockchain important?
by
cryptoaddictchie
on 18/10/2023, 14:17:26 UTC
For the sake of argument, I have some knowledge of bitcoin and blockchain but that I didn’t  use them due of my unstable financial situation. I'm about to begin investing and even trading. The name speaks for itself. What function does blockchain serve? Is it merely necessary for recording every transaction, making it essentially just a database? Please continue to be pertinent; I am aware of how blocks are produced.
Well for some its only purpose is too served as a means of financial or investment. Cant argue with that since most of the users who join this is investing some of their money and wishing for a huge return due to past performances. But maybe understanding this is more important cause its not all about getting 5x or more profit but the efficient it can bring to different sector once its get more adoption.