Blockchain-Technologie Study guides, Class notes & Summaries

What is blockchain? - Answer- Blockchain is an encrypted, distributed database shared across multiple computers or nodes that are part of a community or system. What makes it one of the most exciting technologies? - Answer- Its ability to reduce the possibility of security breaches by even its own operators. How does blockchain reduce the possibility of security breaches? - Answer- In a traditional implementation, a rogue administrator can potentially change historical transactions because...