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An explanation of what blockchain actually is in a nutshell. How is such a tower built? Why is it so important?
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An explanation of what blockchain actually is in a nutshell:
- Imagine you're betting with your friends. giant cube tower.
- Each cube is like one a record of what happened, for example, you found treasure or you lent someone your sword.
- To make the tower stable, you must place each new cube on top of the previous one.
- Blockchain is like our tower of cubes, but instead of dice, it has money records.
- And because it is each cube firmly connected to the previous one, it is very difficult to remove or change any cube.
- This means that no one can cheat and say he has more money than he actually has.
- And because we all participate in building the tower, our tower is very safe.
How is such a tower built?
- First cube
You write your very first money report on the first piece of paper. It's like the first cube you build a whole tower on.- Second cube
When someone sends more money, you write it on a new piece of paper and put it on top of the first one. It's like putting the second cube on top of the first one.- Third cube
And then, when someone sends more money, you write it on a new piece of paper and put it on top of the other one. And it goes on and on.
Why is this so important?
- The tower is solid.
If you want to change a piece of paper, you have to tear down the whole tower. It's like trying to change what you've already written.- Everyone sees
Anyone can look around the entire tower and see what's written on it. It's like a big bulletin board where everyone can see who has how much money.- No one can cheat.
Because the tower is so solid and everyone can see what is written on it, it is difficult to fool anyone.
And this is how blockchain is created.
It's like a huge, solid tower where we write down all our money information. And because it's so solid and transparent, we can be sure that our money is safe.
Where can I see the individual blocks of the Pi blockchain?
- Pi Blockchain Explorer – https://blockexplorer.minepi.com/
- Explore Pi – https://explorepi.info/
- Pi Door – https://explorer.piiq.network/
- MyPi – https://mypi.app/?lang=en
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PiNetwork
Pi Network Announcement
PiNetwork is a blockchain-based cryptocurrency project that aims to allow users to mine coins Pi using smartphones. The project aims to promote the adoption of cryptocurrencies.
The project was launched by doctoral students at Stanford University in 2019. PiNetwork offers users a simple and environmentally friendly way of mining Pi coins by simply opening the app and pressing a button once a day.
One of the features of the Pi network is that users can increase mining speed by expanding their network. Pi Network also aims to increase the value Pi coins by allowing users to create and use web applications on the platform Pi.
PiNetwork is currently launching its mainnet. To to Pi Network To join, you must download the mobile app and enter an invitation code. PiNetwork is an innovative project that aims to pave the way for the future of cryptocurrencies.
How to participate in Pi Network
If you are not a member of the Pi Network, you can get started in 5 minutes by clicking here link. By registering using my referral code jwkkbiz we can earn Pi both. Pi Network is an application that allows you to easily mine the cryptocurrency "Pi" on your smartphone. By pressing a button once a day, you start mining for 24 hours, even if you leave your phone idle. In 2024, I mined 360 days a year, and those who accepted the invitation received many benefits. If you register using a referral code jwkkbiz, you will get a 25% increase in mining speed.
After 30 minings you will pass KYC (Know Your Credit), so remember to enter your real name when registering. If you register incorrectly, you will lose 20% as a penalty.
For more detailed information and reasons for registration, please see here.
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