Blockchain
IS BLOCKCHAIN TECHNOLOGY THE NEW INVENTION??? After the internet, the next massive technology, which is growing more and more and which people ask about this high technology is non-other than BLOCKCHAIN. What is this blockchain all about??? Is it something like a group of people or something like a spider's web?? A blockchain is a continuously growing list of records, also called as blocks which are linked and secured using cryptography. It is the distributed record book that underlies bitcoin. (Bitcoin is an innovative payment network and a new kind of money. This is the system which works without a central bank or the single administrator) HOW DOES THE BLOCKCHAIN TECHNOLOGY WORK Two people wish to transact over the network. Each of them will have two keys- private key and public key. The combination of private and public keys makes a digital signature. A block - cont...