Skip to main content

What Is Blockchain? What Is Blocks?

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.

What Is Blocks?
A block is a collection of data or transactions.
All Transaction data are permanently recorded in files called blocks.

Blocks are storage of data or transactions on the blockchain network, once they are added to the chain of blocks that precede them they become irreversible. Each block contains the data it is recording.

Labels

Labels:
By Anil Singh | Rating of this article (*****)

Popular posts from this blog

nullinjectorerror no provider for httpclient angular 17

In Angular 17 where the standalone true option is set by default, the app.config.ts file is generated in src/app/ and provideHttpClient(). We can be added to the list of providers in app.config.ts Step 1:   To provide HttpClient in a standalone app we could do this in the app.config.ts file, app.config.ts: import { ApplicationConfig } from '@angular/core'; import { provideRouter } from '@angular/router'; import { routes } from './app.routes'; import { provideClientHydration } from '@angular/platform-browser'; //This (provideHttpClient) will help us to resolve the issue  import {provideHttpClient} from '@angular/common/http'; export const appConfig: ApplicationConfig = {   providers: [ provideRouter(routes),  provideClientHydration(), provideHttpClient ()      ] }; The appConfig const is used in the main.ts file, see the code, main.ts : import { bootstrapApplication } from '@angular/platform-browser'; import { appConfig } from ...
Read more

List of Countries, Nationalities and their Code In Excel File

Download JSON file for this List - Click on JSON file    Countries List, Nationalities and Code Excel ID Country Country Code Nationality Person 1 UNITED KINGDOM GB British a Briton 2 ARGENTINA AR Argentinian an Argentinian 3 AUSTRALIA AU Australian an Australian 4 BAHAMAS BS Bahamian a Bahamian 5 BELGIUM BE Belgian a Belgian 6 BRAZIL BR Brazilian a Brazilian 7 CANADA CA Canadian a Canadian 8 CHINA CN Chinese a Chinese 9 COLOMBIA CO Colombian a Colombian 10 CUBA CU Cuban a Cuban 11 DOMINICAN REPUBLIC DO Dominican a Dominican 12 ECUADOR EC Ecuadorean an Ecuadorean 13 EL SALVA...
Read more

39 Best Object Oriented JavaScript Interview Questions and Answers

Most Popular 37 Key Questions for JavaScript Interviews. What is Object in JavaScript? What is the Prototype object in JavaScript and how it is used? What is "this"? What is its value? Explain why "self" is needed instead of "this". What is a Closure and why are they so useful to us? Explain how to write class methods vs. instance methods. Can you explain the difference between == and ===? Can you explain the difference between call and apply? Explain why Asynchronous code is important in JavaScript? Can you please tell me a story about JavaScript performance problems? Tell me your JavaScript Naming Convention? How do you define a class and its constructor? What is Hoisted in JavaScript? What is function overloadin...
Read more

25 Best Vue.js 2 Interview Questions and Answers

What Is Vue.js? The Vue.js is a progressive JavaScript framework and used to building the interactive user interfaces and also it’s focused on the view layer only (front end). The Vue.js is easy to integrate with other libraries and others existing projects. Vue.js is very popular for Single Page Applications developments. The Vue.js is lighter, smaller in size and so faster. It also supports the MVVM ( Model-View-ViewModel ) pattern. The Vue.js is supporting to multiple Components and libraries like - ü   Tables and data grids ü   Notifications ü   Loader ü   Calendar ü   Display time, date and age ü   Progress Bar ü   Tooltip ü   Overlay ü   Icons ü   Menu ü   Charts ü   Map ü   Pdf viewer ü   And so on The Vue.js was developed by “ Evan You ”, an Ex Google software engineer. The latest version is Vue.js 2. The Vue.js 2 is very similar to Angular because Evan ...
Read more

.NET Core MVC Interview Questions and Answers

» OOPs Interview Questions Object Oriented Programming (OOP) is a technique to think a real-world in terms of objects. This is essentially a design philosophy that uses a different set of programming languages such as C#... Posted In .NET » .Net Constructor Interview Questions A class constructor is a special member function of a class that is executed whenever we create new objects of that class. When a class or struct is created, its constructor is called. A constructor has exactly the same name as that of class and it does not have any return type… Posted In .NET » .NET Delegates Interview Questions Delegates are used to define callback methods and implement event handling, and they are declared using the "delegate" keyword. A delegate in C# is similar to function pointers of C++, but C# delegates are type safe… Posted In .NET » ASP.Net C# Interview Questions C# was developed by Microsoft and is used in essentially all of their products. It is mainly used for ...
Read more