Blockchain
training institute in noida,Blockchain is an open and distributed ledger,
which can record transactions between two parties in a verifiable and permanent
way. Once recorded, the transaction data cannot be modified retroactively,
without alteration of all subsequent blocks. This also allows users to verify
and audit transactions without much cost.
If you've attempted to dive into this mysterious thing
called blockchain, you'd be forgiven for recoiling in horror at the sheer
opaqueness of the technical jargon that is often used to frame it. So before we
get into what a crytpocurrency is and how blockchain technology might change
the world, let's discuss what blockchain actually is.
Blockchain is a shared distributed database for peer-to-peer
transaction. The core of this technology is bitcoin - a digitally encrypted
wallet for controlling transaction and payment system which was introduced in
2009. This transaction management system is decentralized and generally runs
without any intermediary. These transactions are endorsed by a set of network
nodes and documented in a communal ledger known as blockchain.
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