Blockchain and Cryptocurrency Connection
Every crypto-enthusiast probably understood and well-educated about the Blockchain world, started form what, why, where, when, who and how the part that involved and oriented the progressed within. as we looking from the language structure Blockchain is derived from two words which are BLOCK and CHAIN, so when it comes into an idioms we can say that Blockchain is a part of orientation that performed the relay of activity that progressing within the site, which is chain that mean as clearly mean to the block that performed time to time.
When we talk about Blockchain, its mean we talk about his Boss (Bitcoin), yup as the first cryptocurrency who performed this system then being followed by anothers. Thinking about Bitcoin within Blockchain world was like imagine to a lot of page of bank statement which records all transactions from their sclients, and after those bank statement page is completed, a new page is starting used for recording another transactions. In real, these pages are stored by chronological which saves the transactions from oldest to newest, this is how the Bitcoin performed within Blockchain world.
In the other words, a blockchain was a typical to an independent, transparant, and permanent database coexisting in multiple locations and shared by public. It's also being prevail within another cyprocurrencies that performed and created their own chain, such as steemchain, explorer wavechain and etc. A few important life aspect that being involved within the Blockchain Technology already integrated in order to make the user/public can ease to surfed and performed their action inside the platform, such as:
- Blokchain in Financial sectors
- Blokchain in Contracts, agreements, registeration certificates, certificate of transfers,etc
- Blokchain in Music and Entertainment/Social Media
- Blokchain in Artwork
- Blokchain in Healthcare
- Blokchain in Real Estate
- Blokchain in Insurance
- Blokchain in the Other intangible assets like patents,licence,copyrights,trademarks.
All these aspect integrated within Blockchain based system by some of larger company all around the world, beside it was becaming as easiest ways to performed Cryptocurrencies orientation, its also being as the positive breakthgrough to the public by monetizing their assets within internet digital world, but before that people should really understood about Blockchain and Bitcoin orientation within the cryptocurrency world, as it all stayed in highly risky without using any considering and cleverly.
The Regulations
Everything need some case as regulation, rules, or whatever its called. But within Blockchain world there are no particularly rules when you already sent your assets to anothers, by the time you realized that the addressed was wrong, this is totally fatal and you just lost your assets just the way you sent it. You can't take it back, if you didn't really knew to whom the addressed you pointed. That's why, within the Blockchain is the most seriously regulations is no regulations at all which mean there are no RULES, it just need the best of you within all your concious to be a part within.
The only thing exist, the third part regulations which is integrated within their mapping project line, as it already published then you must followed their rules.
Cryptocurrencies World Regulations.
There are no ways to avoid the loss/damage/forgot by performing your activity within cypto world, such as Bitcoin Trading/Exchange, as long as you maintain all your activities, everything gonna be fine. The regulations within Bitcoin itself as crypto coin was not existed, which means the are no legal rules to the Bitcoin, when you want to buy it, then buy it/sell it. The only rules that really important that yuo must read is within the Exchange/Trading platform that you just joined.
Peer to Peer Network
Since Bitcoin introduced few years a go by the mean of peer to peer payment within the internet, its already succeed by this time toward the uses by following/certain company/online marketplace that provided this payment method, it is not just Bitcoin as the payment, but there are also using another cryptocurrency such as ETH, STR, STQ and etc.
Be Carefull
This is as the most seriously part that you must underlined within your mind. Carefull is the adjective words which is mean you must maintain and manage all your conciousness by the time you surfed within Blockchain world, as the cryptocurrency as the main terms you stepped. Maintain toward all your activity within Blockchain such as secured your BTC wallet, account, considering all events/airdrop/investment/mining that you want to join. Just think twice, third before you started your move.
Sincerely,
-D'Crypto Enthusiast.
Do Things Based Your Own Considering.