Bitcoin, Ether Sink as 'Sense of Panic' Grips Crypto Investors

[angrychair]

30. Sorry that's just not the way it works

It’s not a computer or a piece of hardware, it hundreds of decentralized computers and networks.

Here is the explanation I post in #23:

Think of it like this:
It’s a continuous, unbroken math equation that continually builds on itself with each new block (in this case vote). Each block of the equation has all the pieces of the equation of all the previous blocks that are validated and recorded to every other block as a new one is created. The entire thing is also recorded to a master ledger, that shows each and every new block (in this case vote) that ledger is completely separate and compared to to every block each time a new block is added.

Meaning each block is unique and each block has all the parts of all the other parts of the chain. They all have to match.
Paper records can be lost, altered or just not counted. That is impossible with block chain voting. Plus that record exist forever and is each person’s voting record is accessible by them forever.