Limitations of Blockchain

Blockchain is a timestamped collection of immutable records that are attached in the form of a never-ending linear chain. Its characteristics, such as decentralized network and anonymity, make it the most trustworthy technology by far. But everything has its pros and...

Need of Blockchain

Blockchain is an open and decentralized network, which stores redundant data at multiple sites called nodes (computers). Its properties, such as immutability, distributed control, highly secured encrypted blocks, and anonymity, make it ideal for solving many practical...

Blockchain Merkle Trees

Blockchain Merkle Trees Merkle Trees are foundation components of the blockchain mechanism. The methodical, systematic, and reliable verification of content in unbounded and dispersed data sets is enabled with the use of Merkle Trees. Blockchain implementations such...

Blockchain Explorer

Blockchain Explorer A blockchain explorer is an online webpage similar to Mozilla and Google Chrome, which allows users to browse and explore information about blockchain technology. All bitcoin and ether users depend on blockchain explorer to manage their records and...

Smart Contracts

What is a Smart Contract? A smart contract is a self-executing computer program. It is a decentralized computation program, which directly controls the transfer of digital assets between different parties under certain pre-defined conditions. Smart contracts exist on...

Blockchains vs Distributed ledger Technology

Blockchains VS Distributed ledger Technology Blockchain is explored by a wide range of audiences daily. There are lots of terms used for the Blockchain technology; one of them is Distributed Ledger Technology (DLT). Blockchain and DLT are often used interchangeably...

Blockchain Applications

Blockchain Applications Many organizations around the globe realize the need and importance of Blockchain technology to improve the legacy systems and digital processes in terms of transactions and record-keeping technology in favor of more flexible and efficient...

Blockchain Versions

Blockchain Versions Blockchain technology has gained popularity because it offers decentralized and transparent storage to record transactions and data. Generally  Blockchain relates with the bitcoin and cryptocurrency. Since 2009, Blockchain technology has been...

Working of Blockchain

How Blockchain Works A Blockchain is simply a collection of records of time-stamped transactions that are managed by a group of servers. There is no central authority who controls the database. It can be updated by consensus between participants in the network, and a...

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