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Blockchain Technology - Blocks, Bitcoin and Cryptocurrency!

What Is Blockchain? Blockchain is a digitized , decentralized and public ledger of all financial transactions and it also recording the history of transactions. Blockchain provides a protocol for building a public, replicated and distributed ledger network of all transactions. Each participant in this blockchain network maintains their own copy of that database , or collection of organized information. Blockchain is mostly known for the first technology it enabled, the Bitcoin , which Satoshi Nakamoto first described in a paper in 2008 . Blockchain is the technology that runs cryptocurrency Bitcoin . Blockchain very first and most famous application is Bitcoin , a peer-to-peer ( P2P ) digital currency for the modern, digital age. This was created by Satoshi Nakamoto. Blockchain is actually a way to structure data and the foundation of cryptocurrencies like Bitcoin , Ripple , Ethereum, Bitcoin Cash, Litecoin, Cardano and many more. The Real-life ap...

Blockchain Technology Interview Questions and Answers

What Is Blockchain? What do you know about Blockchain? What do you mean by blocks in the Blockchain technology? What Is the role in Blockchain? What type of records can contain in a Blockchain? What are the benefits of Blockchain? What is encryption? What is a security policy? What are the main properties of Blockchain? What Is the difference between Bitcoin blockchain and Ethereum blockchain? What are the various type of Blockchains? Why Is Blockchain a famus approach? What are the Block Identifiers? Is it possible to remove one or more block from the networks in Blockchain? Is it possible to modify the data once written in a block? Is Blockchain an incorruptible ledger?