Blockchain is the most popular protocol formed by a set of technologies based on P2P, public key cryptography and time stamping.
Blockchain can be understood as a distributed database where all the information is distributed among its nodes. Under this set of connected nodes operations of transfer of assets or digital goods can be carried out. When a new node joins the network, all operations performed on digital goods are downloaded into it. The distribution of information through the network is achieved through the use of P2P technology.
The word blockchain (or string of blocks in Spanish) refers to the way in which this technology stores information. Blockchain generates different blocks and links them forming an immutable chain whose connection logic depends on the content of the blocks themselves, thus achieving a system in which it is impossible to change one of them without affecting the following. All the confirmation of the work is produced by the consensus of all the nodes disappearing the certifying entities. In blockchain, that central figure does not exist, but rather the nodes that perform the operations, which in turn confirm them.
One of the main characteristics of blockchain is that all operations are signed with the user's private key. This system allows that every operation can be verified by any node in the network. When knowing the public key of the user, it is possible to know if the message has been encrypted by his private key, but the information can not be modified and signed by another without having his password.
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For more details and more information about Blockchain Job Support please drop an email at [email protected] and feel free to contact us at +91 9980551764 for Blockchain job support. You can also submit your request through the contact us form on our web site. Once we receive your request or query, we will contact you in less than 6 hours or as soon as possible.
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