Blockchain Cryptocurrency Cryptocurrency is a type of digital asset which is used to exchange value between parties. It uses strong cryptography to secure financial transactions and control the creation of new units of that currency and verify the transfer of assets. Cryptocurrency does not exist physically. We know that the government prints the governmentContinue Reading
Blockchain Explorer A blockchain explorer is an online webpage similar to Mozilla and Google Chrome, which allows users to browse and explore information about blockchain technology. All bitcoin and ether users depend on blockchain explorer to manage their records and transactions. It allows users to explore the entire blockchain platform that clients are using.Continue Reading
Blockchain is a timestamped collection of immutable records that are attached in the form of a never-ending linear chain. Its characteristics, such as decentralized network and anonymity, make it the most trustworthy technology by far. But everything has its pros and cons, so does blockchain. Blockchain is one of the bestContinue Reading
What is Cryptography? Cryptography is a method for developing codes that prevent third parties from viewing private data. It helps in protecting data and information by using codes, such that it can only be interpreted by the intended receiver. Information can be encoded to make it difficult to steal theContinue Reading
Blockchains VS Distributed ledger Technology Blockchain is explored by a wide range of audiences daily. There are lots of terms used for the Blockchain technology; one of them is Distributed Ledger Technology (DLT). Blockchain and DLT are often used interchangeably but they are not same. Blockchain and DTL share the same objective ofContinue Reading
Blockchain Merkle Trees Merkle Trees are foundation components of the blockchain mechanism. The methodical, systematic, and reliable verification of content in unbounded and dispersed data sets is enabled with the use of Merkle Trees. Blockchain implementations such as Bitcoin and Ethereum use Merkle Trees as essentials. Merkle Trees help in validating theContinue Reading
In this Topic, we are going to learn about Applications of Blockchain. The blockchain is a technology that enables moving digital currencies from one side to another side. Some people refer bitcoins to blockchain but that facts are incorrect. The blockchain is a technology it’s completely different from Bitcoin. Some importantContinue Reading
Blockchain is an open and decentralized network, which stores redundant data at multiple sites called nodes (computers). Its properties, such as immutability, distributed control, highly secured encrypted blocks, and anonymity, make it ideal for solving many practical real-time problems. Considering all the properties of Blockchain, this article discusses its need for providing technicalContinue Reading
How Blockchain Works A Blockchain is simply a collection of records of time-stamped transactions that are managed by a group of servers. There is no central authority who controls the database. It can be updated by consensus between participants in the network, and a new transaction is recorded that canContinue Reading
Blockchain Definition Blockchain can be defined as a continuously growing chain of blocks, which is a decentralized, distributed, and immutable database that records the derivations of digital assets. Every user of the network can reach consensus without trusting each other. It is the world’s most trusted compact cryptocurrency company. It connects theContinue Reading
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