blockchain or coinbase – Bitcoints


Published on July 21st, 2015 | by bitcoin


blockchain or coinbase

Information about blockchain or coinbase

Block chain (database)

A block chain is a distributed data store that maintains a continuously growing list of data records that are hardened against tampering and revision, even by operators of the data store’s nodes. The most widely known application of a block chain is the public ledger of transactions for cryptocurrencies, such as bitcoin. This record is enforced cryptographically and hosted on machines running the software.
The technology forms the basis of all cryptocurrencies.


Coinbase is a bitcoin wallet and exchange service headquartered in San Francisco California, founded by Brian Armstrong and Fred Ehrsam. Coinbase facilitates exchange between bitcoin and fiat currencies in twenty-six countries, and bitcoin transactions and storage in 190 countries worldwide., Coinbase has raised a total of $106,000,000 in venture capital funding and supports 2.5 million users, 40,000 merchants, and 7,000 developer applications.

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