Chain of Things on Clubhouse

Chain of Things Clubhouse
21 Members
Updated: Jun 19, 2024

Description

You (a "node") have a file of transactions on your computer (a "ledger"). Two government accountants (let's call them "miners") have the same file on theirs (so it’s "distributed"). As you make a transaction, your computer sends an e-mail to each accountant to inform them.

Each accountant rushes to be the first to check whether you can afford it (and be paid their salary "Bitcoins"). The first to check and validate hits “REPLY ALL”, attaching their logic for verifying the transaction ("proof of work"). If the other accountant agrees, everyone updates their file…

This concept is enabled by "Blockchain" technology

Last 30 Records

Day Members Gain % Gain
June 19, 2024 21 +1 +5.0%
March 17, 2024 20 0 0.0%
January 27, 2024 20 0 0.0%
December 13, 2023 20 0 0.0%
November 04, 2023 20 0 0.0%
October 04, 2023 20 0 0.0%
September 05, 2023 20 0 0.0%
August 07, 2023 20 0 0.0%

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