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Blockchain, Crypto Wiki

Blockchain 

Blockchain or block chain, as it was initially called, can be defined as a continuous sequential chain of blocks that contains information which is cryptographically encrypted. Most often, copies of the whole system are stored on a variety of different computers independently of each other….

Blockchain, Crypto Wiki

Blocks 

In Blockchain, all transactions are combined together into special structures called blocks. Information recorded in the blocks not encrypted and can be accessed by anybody with the use of a program that allows browsing the Blockchain – Blockchain explorer. Block structure Each block contains its…

Blockchain, Crypto Wiki

Blockchain Companies 

Blockchain is being slowly but surely implemented in real-world solutions to help companies improve business metrics, security or create entirely new products to gain a competitive advantage. Why companies use blockchain? Blockchain is a chain of blocks that contain data stored on multiple computers or…

Blockchain, Crypto Wiki

Nodes 

One of the most impressive technical aspects of blockchain is decentralization that is achieved by storing a copy of the blockchain on every digital device connected to the peer-to-peer network – these connected devices are called nodes. Purpose of nodes In blockchain, nodes are used…

Blockchain, Crypto Wiki

Blockchain Development 

Blockchain development is one of the more complicated development fields. A blockchain developer must be proficient in several languages, both front and back-end as well as be familiar with the most effective security practices. Why is blockchain development difficult Blockchain, in general, is a very…

Blockchain, Crypto Wiki

Types of Blockchain 

Blockchain is a technology that was introduced to the word in 2008 with the release of Bitcoin – the first ever digital cryptocurrency. Soon after the “hype” surrounding cryptocurrencies subsided attention of the community and the developers was drawn to the underlying technology that powered…

Blockchain, Crypto Wiki

Blockchain Transparency 

The blockchain technology is famous for being able to provide total transparency without compromising privacy. It allows to reduce fraud and eliminate data tampering and at the same time protect the identities of the users. This feature is one of the critical advantages of blockchain…

Blockchain, Crypto Wiki

Uses of Blockchain 

Blockchain technology can be applied to many different industries, ranging from banking to production. It can be used to authenticate legitimacy of goods, track supply chains and speed up financial transactions. Blockchain helps reduce fraud, improve security, reduce operational costs and in some cases remove…

Blockchain, Crypto Wiki

Solidity Programming Language 

Solidity is a programming language that is used in platforms like Ethereum to create and execute smart contracts. Smart contracts are self-executable programs that are triggered when certain conditions are met. They allow particles to adhere to contract terms automatically, without third party involvement. Solidity…