From the last post on Blockchain,we know that blockchain is a decentralized technology.Here we look in detail of one of the leading projects of Blockchain i.e., Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of
We know Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, decentralized,nobody owns or controls Bitcoin and everyone can take part.
Definition : In simple terms,Blockchain is a continuously growing list of records, called blocks, which are linked and secured using cryptography.Each block contains typically a hash pointer as a link to a previous block, a timestamp and transaction data. Design : By design, the blockchain is