Writer And Geek Show
036: Blockchain Primer
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:41:11
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Sinopsis
The Blockchain FundaAccording to Hubspot research, one of the most confusing emerging technology.Blockchain is a digital method of economic transaction record-keeping – also known as a ledger.Security keeps it differentiated from other technologies. Records are kept open within a network but no one can edit or delete.It is like a database that can be updated only through solving a complex mathematical problem.The chain is linked through hash from the previous block and the chain continues to the hash from the genesis block which happens to be the first block in the entire chain.Designed to be resistant to modification especially backdating or other tampering with the timestamps and other details in a financial transaction.Latest fad in the tech industry.Described back in 1991 to timestamp digital documents.Used in 2008 by Satoshi Nakamoto to create cryptocurrency called Bitcoin.Each block contains data, hash of the block and the hash of the previous block.Bitcoin:On 9 Jan, 2009, Satoshi Nakamoto announced the