A blockchain is a distributed ledger with growing lists of records (blocks) that are securely linked together via cryptographic hashes.[1][2][3][4] Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data (generally represented as a Merkle tree, where data nodes are represented by leaves). Since each block contains information about the previous block, they effectively form a chain (compare linked list data structure), with each additional block linking to the ones before it. Consequently, blockchain transactions are irreversible in that, once they are recorded, the data in any given block cannot be altered retroactively without altering all subsequent blocks
Blockchain System Analysis
Blockchain System Analysis
Categories
Recent Posts
- Rate Comparison Vancouver Canada November 28, 2024
- International Exchange Vancouver Canada November 27, 2024
- Cash Conversion Vancouver Canada November 26, 2024
- Competitive Rates Vancouver Canada November 25, 2024
- Local Exchange Vancouver Canada November 24, 2024
Blockchain System Analysis
Categories
Recent Posts
- Rate Comparison Vancouver Canada November 28, 2024
- International Exchange Vancouver Canada November 27, 2024
- Cash Conversion Vancouver Canada November 26, 2024
- Competitive Rates Vancouver Canada November 25, 2024
- Local Exchange Vancouver Canada November 24, 2024