Monday, 15 October 2018

Blockchain Technology

Blockchain Technology

 

Blockchains are incredibly popular now a days ! If you are regular user of social media and internet, then surely you are already very much familiar with the word "blockchain" ! isn't it ?

 

 

 

But what is a block chain ? How do they work ? what problem do they solve and  how can they be used in our daily life ?
like the name indicates, a blockchain is a chain of blocks that contains information.
BUY NOW

Basically, blockchains are growing list of data or records, called blocks which are linked to each using some cryptographic hashing method, where each next block contains a cryptographic hash of previous block, this way these blocks are linked to each other, and forms a chain of block, called blockchain.

this technique was originally stated by a group of researchers in 1991. The intention was to timestamp the digital document so that its not possible to manipulate them or to backdate them.

however, after that due to lack of attention it remained under the shades, until it was adapted by Japanese scientist Satoshi Nakamoto in 2008 to create the 1st ever successful digital Cryptocurrency named Bitcoin.


Blockchain Technology
Blockchain Technology 





Our page has been shifted to new wordpress site Darkweb developers



A block chain is a distributed ledger which is open to anyone.
Yes, it is open source , anyone can use it or modify it, as per need.

They have some interesting property!! Once some data has been recorded inside a blockchain, it becomes very difficult to change it. 




4 comments:

  1. Check out this article and find top 10 outsourceda product development companies.

    ReplyDelete
  2. What's the difference between SEO Plan, SEO Tactics and SEO Strategy? Find all about the perfect SEO Business Strategy and what it should include growth-loops.com .

    ReplyDelete
  3. Best 8 Casinos Near Portland, OR - Mapyro
    Find the cheapest and quickest 논산 출장안마 way to get 여주 출장샵 from 10 casinos to 서산 출장샵 casinos in Portland, 구미 출장마사지 OR to Muckleshoot 거제 출장안마 Casino & Resort.

    ReplyDelete

Getting Started with Android Studio

Getting Started: A n d r o i d S t u d i o A journey towards a ndroid d e v el opm e nt Android Studio by darkweb develop...