Blockchain is defined as cutting-edge database technology that drives transparent data-sharing over a network. Blockchain databases retain chronological consistency, preventing data from being deleted or modified without network consensus. Developers can use this feature to create a secure, immutable ledger for tracking values such as payments, orders, and user accounts. This article covers the meaning, working, types, and uses of blockchain.
What Is Blockchain Technology?
Blockchain is a cutting-edge database technology that drives transparent data-sharing over a network. Blockchain databases retain chronological consistency, preventing data from being deleted or modified without network consensus. Developers can use this feature to create a secure, immutable ledger for tracking values such as payments, orders, and user accounts.
Blockchain gets its name due to its architecture: data is stored in ‘blocks’ connected in a ‘chain’. The block is the structure that records transactions,...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...