English, asked by gourbhatt18, 5 months ago

Questions related to Blockchain

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Answered by Anonymous
5

hey!!

The goal of blockchain is to allow digital information to be recorded and distributed, but not edited. Blockchain technology was first outlined in 1991 by Stuart Haber and W. Scott Stornetta, two researchers who wanted to implement a system where document timestamps could not be tampered with.

Questions related to Blockchain.

1) What is Blockchain with example.

2) Why do we need Blockchain?

3) How does the Blockchain work?

4) What are the 3 pillars of blockchain technology?

5) What is Blockchain used for?

Answered by ImpressAgreeable4985
0

The blockchain is a decentralized distributed database of immutable records. The technology was discovered with the invention of Bitcoins(the first cryptocurrency).

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Bitcoin Blockchain and Ethereum Blockchain.

Topics Bitcoin Ethereum

Release Method Genesis Block Mined Presale

Cryptocurrency Used Bitcoin(Satoshi) Ether

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