How Blockchain Technology Works || 10% to @tron-fan-club
Today i will Discuss with you How Blockchain Technology Works. I always try to share with everyone what I know everything about blockchain technology. So in its continuation I will talk to you about Blockchain Technology.
A blockchain is a network in which every piece of data is recorded in a blockchain and is open to all. Blockchain is simply called distributed open ledger. Distributed Open Ledger If I want to present to you easily, I can say that we see a large ledger in different offices. Where all the information of that office is recorded. It is called laser ledger. The laser ledger cannot be seen by anyone other than those in charge of the office. But all the information or data that is recorded in the blockchain is laser recorded in a system and once any information or data is stored in the blockchain it can never be deleted and it is open to everyone. Everyone can see it.
All kinds of information and transactions that take place in Blockchain are recorded very seriously. For example, if we talk about the Bitcoin blockchain, if we send Bitcoin to someone, a transaction of this transaction will be entered into the block. Each block of the blockchain is connected to its previous block and # is inserted inside it. And since each block is associated with its previous block. So it can never be changed and never completely deleted.
Blockchain Explorer can view any number of transactions at any time. In this way each transaction will be linked to one block and merged with another block in the form of a chain. That is why it is called blockchain. And the blocks that are created are stored in a laser. We can see all the transactions that have taken place in that ledger or anyone can see. This is why it is called distributed open laser. Because the lasers are open to everyone here. Anyone who wants to sit anywhere can see any information on this transaction.
Blockchain technology is a type of secure technology that is almost impossible to hack. Because if one wants to hack blockchain, then one does not have to hack a system of blockchain technology, but one has to hack all the systems in the network of blockchain technology. But it is impossible to hack all the systems together. Because each block of blockchain technology is connected to its previous block. So it is impossible to hack blockchain technology and it is a very secure way.
For blockchain technology, however, not one or a few computers work, but thousands of computers work behind this technology. One of the strongest protections is that all computers have a copy of that block and it is created in the form of a chain. So through this a strong network is created and these are open to everyone. So many computers can never be hacked together. In this way blockchain technology is becoming more popular day by day and its activities have developed in a very secure way.
You've written an excellent post on Blockchain Technology.
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It's a learner point from you. Thanks.
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