BLOCKCHAIN

Bitcoin

A Peer-to-Peer Electronic Cash System

Founded by Satoshi Nakamoto in 2008

  1. A purely peer-to-peer version of electronic cash would allow online.
  2. Payments to be sent directly from one party to another without going through a financial institution.
  3. Digital signatures provide part of the solution.

Blockchain

  • A blockchain is a distributed database that maintained a continuously growing list of records called blocks secured from tampering and revision.
  • Blockchain is running Bitcoin.
  • The network is robust in its unstructured simplicity.
  • Nodes work all at once with little coordination.
  • A chain of digital signatures known as the blockchain.
  • Distributed transaction ledger of immutable transactions.

Concept of Blockchain 


Blockchain

Usual Situation

How Blockchain Works

Benefits of Blockchain


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