Blockchain Archives - worldtopthing.com

The revolution that cryptocurrencies brought had changed the world in many ways. Bitcoin was the first virtual currency, which gave the influential push to this revolution. Bitcoin can be described as digital money or virtual money. Bitcoin is one of the oldest cryptocurrencies and it has been flowing around for almost eight years. And, ideally, It is used to send or transfer money from one party to another party. But, that was years ago, and along with Bitcoin, there are other popular cryptocurrencies also subsist in the market. According to some cryptocurrency survey websites, there are more than 1,658 cryptocurrencies available and running currently on the internet. Just a few of these currencies are legit and successful today. We can’t argue about the prominent position tha...

A whole lot of profits and wealth of the cryptocurrencies comes to mind when we hear the words Blockchain, Bitcoin, and cryptocurrency. Blockchain Technology Blockchain technology was first used in 2009, when Bitcoin was introduced, which was the first to apply the concepts of Blockchain technology. As the words suggest, block-chain. The blocks of data are chained together in a digital format. The block consists of records which in turn consists of ledgers, where the transactions are written. In a Blockchain, the records are distributed among the nodes and everyone has a copy of it. So when one of the records is tampered or changed, it becomes very easy for us to recognize the tampered record. Which can be replaced with the authentic one by copying it from others on the network. Basic...

Tag: Blockchain

Entering the Magical World of Ethereum

Everything you need to know about Bitcoin, Cryptocurrency, and Blockchain