What is Blockchain?
Blockchain is one of the most informative Bitcoin sites you can find online, where you can find information about almost everything that has to do with Bitcoins. You can see the all the latest transactions that has occurred on the blockchain, see the most recently mined Bitcoin blocks, find charts, markets, stats and everything else that you could possibly need to know about Bitcoins in general.
All the information provided in the Blockchain is provided by the relevant parties that have the correct data, so you can always rely on the information to be correct. It is also the most popular Bitcoin wallet in use, having more than 200,000 registered users for their wallet service where you can hold your Bitcoins completely safe, without worrying about attacks or similar.
What Can I Use Blockchain For?
You can use Blockchain to gather information about Bitcoins in general, as you will find information about the amount of Bitcoins being mined and see all the transactions that are happening on the network as well as see charts, stats, markets and so on. Below we have gathered some information about the different information categories they offer you to read and learn from.
In the Bitcoin charts section you can see charts of different Bitcoin information, being updated on a daily basis. You will be able to see the amount of Bitcoins in circulation, Market capitalization, transaction fees paid, amount of transactions made, number of unique Bitcoin addresses created, orphaned blocks and much more. These information can provide you with crucial knowledge if you are looking to invest in Bitcoins and give you an idea about how the market is currently acting and if a boom or downfall is around the corner.
The stats section of Blockchain is where you will find the cold data of the Bitcoin. Here you can find all the facts about the Bitcoin that you otherwise wouldn't be able to find, including blocks mined, time between blocks, total Bitcoin mined, total transaction fees charges, number of transactions and so on.
These data are updated on a daily basis and are the real facts of the Bitcoin and how the market is currently looking. The stats can be used to speculate into if there will be a rise or fall in the value, see how close the Bitcoin is to be mined completely, how much money that is in circulation and how much money the different sites are making by accepting Bitcoins. You can also find out how difficult it is to currently mine Bitcoins, so you can see if it is at a level where you can still compete or if you have to quit the idea.
In the markets section you can see statistics over the Bitcoins value from the largest Bitcoin exchange sites, charts and graphs over the Bitcoins value going up and down, trades being done and so on. It is a great tool to follow the market tendencies of the Bitcoin and how it is being seen by the market and traded by the market. You can also compare the value of the Bitcoin across the different exchange sites and see where you will be getting the best value for your Bitcoins, either by buying or selling them.
The charts shows you the movement of the Bitcoin within the last 10 minutes, 1 hour, 3 hours, 12 hours, 24 hours, 3 days, 7 days, 30 days and 6 months, allowing you to see how the Bitcoin has been acting over a longer and shorter period of time and analyze based on these facts.
The Blockchain Bitcoin wallet is the most used Bitcoin wallet in the world, having more than 200,000 users registered and having transferred worth $12,545,700,500 worth of funds since its beginning. The wallet is a online wallet that you have access to everywhere you have access to a computer or you can download the wallet application for your mobile device and access it that way through.
It provides you with the ability to send and receive Bitcoins almost instantly and has AES encryption so that nobody can steal your Bitcoins or access your data in any way. It charges no fees for any transactions that you want to do, making it much cheaper than many other wallets and it also have a two factor authentication system, ensuring that nobody can hack your account. It is one of the most user-friendly wallets that you can use and this is the reason why it has become so popular.