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blockchain definition for dummies

Blockchain.info is a bitcoin cryptocurrency budget and stop explorer service. Launched in August 2011, the service provides data on recent trades, mined blocks in the bitcoin blockchain, graphs on the bitcoin market, and figures and resources for designers. Information from and links to the web site are normal in mass media coverage and in bitcoin message boards. The Blockchain.info mobile software for Android os allows users to firmly receive and send bitcoins and browse blockchain information. In Dec 2013, the business received ZeroBlock LLC, manufacturers of the primary mobile bitcoin app.
Blockchain.info was the world’s most visited bitcoin website in 2013, with over 118 million webpage views and over 3 million unique guests in November 2013, and in January 2014 Blockchain.info come to one million end user wallets.
In Feb 2014, Apple Inc. removed the Blockchain software from the iOS App Store, prompting a severe response from Blockchain and open public outcry in the bitcoin community, especially within the Reddit community. In July 2014, Apple reinstated the Blockchain iphone app back to the iOS App Store.
In Oct 2014, Blockchain.info shut down a $30.5 million fundraising circular from Lightspeed Endeavor Lovers and Mosaic Projects, which was the largest round of funding in the digital money sector in those days.
In Dec 2014, Blockchain.info became main visible bitcoin wallets to give a dedicated concealed service on the Tor network, at blockchainbdgpzk.onion, for users who want to carry out bitcoin ventures with greater level of privacy and lesser alternative party security, as well concerning provide end-to-end encryption for Tor users who have been previously susceptible to malicious leave nodes sniffing their secrets and stealing their bitcoins.
In early on 2015, the business handed down 3 million wallets made out of their services.
In August 2015, Blockchain.info’s CEO Peter Smith was asked to come with then UK Perfect Minister David Cameron over a head to throughout southeast Asia to activate with local staff about the UK’s leading role as a worldwide fintech hub.
Also in August 2015, Blockchain.info transferred 4 million wallets made out of their services.
In March 2016, Blockchain.info has released the release of ‘Active Fees’ on orders within its finances.
IN-MAY 2016, Blockchain.info declared Thunder, which says to be an execution of the Lightning Network.
Transaction volume acquired exceeded 100 million by August, 2016.
Co-founders of Blockchain.info, Nicolas Cary and Peter Smith, declared a $40 million Series B in June, 2017.
In Sept 2017, Blockchain.info released that it includes partnered up with Unocoin in its bet to type in the Indian market.

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