• Roadmap
  • Our Team
  • News
  • Tokenomics
  • Technical Papers
  • Staking
  • Roadmap
  • Our Team
  • News
  • Tokenomics
  • Technical Papers
  • Staking
geeq print logo

Blockchain

print-view-button
What does Blockchain mean?

A blockchain is an electronic ledger made up of blocks (containing groups of transactions or data) which are appended sequentially.

Main Idea:

The primary economic value of a blockchain is to provide a dependable data set that is acceptable to all parties who wish to coordinate on some, but not all, dimensions with each other and do not wish to trust a third party.

Technical Definition:

A blockchain is a data structure ordinally and recursively linked to create an order of transactions or other information by block.

Use Case:

A properly specified blockchain is a way to provide an automated record of transactions or data with neutral, rigorous attestations, such that the records may be referred to ex post for 1) the purpose of economic coordination and 2) determining the existence (or lack of) evidence or documentation.

Making Life Easier:

From the simplest payment system to the most complicated smart contract, a properly specified blockchain provides easy, low cost confirmation that a) conditions have been satisfied and agreements should proceed or, alternatively, b) conditions have not been satisfied, automatic transactions should not be executed, and/or next steps should be reconsidered.

Used in a Sentence:

The more certain all parties can be that the underlying blockchain technology produces an official record that has not and will not be manipulated or censored at any time, the more economic value a blockchain can bring.

geeq.io

previous term

Block

go back to

Glossary Home

next term

Byzantine Fault Tolerance (BFT)

Read what Geeq has to say about Blockchain...

The following articles are written by the Geeq team to share and inform about the industry we are passionate about.
To learn more about events, announcements and learn about other topics visit our news section

Geeq Testing Framework v0.1

Kieran, Lun, and John met to share progress on our Testing Framework v0.1 before its release next month.

Eoin Jones

Eoin is a copywriter, proofreader and editor with over a decade of experience.

Geeq Welcomes German Ramirez as Vice President of Marketing

German's expertise in developing and guiding strategic marketing plans will be invaluable in 2021, a year in which we will launch our main-net, secure further commercial partnerships and drive adoption of the platform.

Why Are There No Miners at Geeq?

Welcome to Geeq's level playing field.

What is Blockchain Technology?

When is Blockchain Useful?

What is a Blockchain?

Geeq Q1 2021 Update

Hello Geeqs! We have made a great deal of progress on the core infrastructure of the GEEQ blockchain. Please enjoy our latest technical update.

How to Unstake Geeq

As withdrawals in our web staking pools start to open up, we thought it would be a good idea to write a guide on what to do next!

Geeq's Introduction to Encryption

Happy New Year, Geeqs! Let’s start the year off with an entry level explainer of the encryption underlying public and private keys. Knowledge is power.

Marcos Benitez Rubianes

Marcos is a world reknowned blockchain advocate, with a background in finance and law. Using his experience in finance as well as the crypto and blockchain space, Marcos brings unique insights into regulatory compliance and international finance. He also has supported many early-stage companies to achieve their goals and add value for their investors.

Geeq Welcomes Marcos Benitez Rubianes

Geeq is delighted to announce Marcos Benitez Rubianes has joined the Team as an Advisor. Marcos brings to Geeq a remarkable mix of experience, long-term perspective, and energy that excites us all. Welcome, Marcos!

Banner Art Image by   on

Geeq Logo
About
  • Team
  • Press
  • Patent Pending
  • Media Kit
  • Contact Us
Explore
  • FAQs
  • Roadmap
  • White Paper
  • Technical Papers
  • One Pager
News
  • Features
  • Articles
  • Community
  • Explainers
  • Media
  • Token
Social
  • Twitter
  • Telegram
  • LinkedIn
  • YouTube
  • Shop Geeq
telegram-trail
Geeq Logo
About
  • Team
  • Press
  • Patent Pending
  • Media Kit
  • Contact Us
Explore
  • FAQs
  • Roadmap
  • White Paper
  • Technical Papers
  • One Pager
News
  • Features
  • Articles
  • Community
  • Explainers
  • Media
  • Token
Email
Shop Geeq

Geeq © 2021

Privacy Policy Terms of Use