BlockChain Technology And Cryptocurrenices

A BlockChain can be referred to as a collection of records or open record that gets shared amongst participating parties. Every transaction that gets incorporated is first verified by all the participants of that transaction. Once the data gets recorded by the blockchain, can never be rewritten or changed. Thus the blockchain can be termed as a record book of all the transactions held. Crypto Currencies the decentralized bitcoin or say ethereum which can be termed as peertopeer computerized cash also uses the blockchain technology. This post includes history of bitcoin, a few literary reviews, working of the blockchain and its application,and more.. Abstract: What is BlockChain Technology? Why BlockChain Technology!! How it Works Types of BlockChain Transaction Process History of BlockChain Merits and Demerits of BlockChain Technology Ten steps to build your Blockchain Application Decentralization BitCoin vs BlockChain Importance of BlockChain Proof of work and Proof ...