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Learning about the blockchainy platform//@cristanza42

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Cristanza42
@cristanza42
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Hello friends of the Hive community especially to the bloggers of the LeoFinance community, I have time on the Hive platform and it is the first time I publish about the blockchainy platform, I hope I have understood the content, you like it and it is very useful..

To understand a little about the blockchainy platform, I started to inquire about the about it, and I came across this content that I want to share with you, I know there are many people who have a lot of knowledge on the subject, I am acquiring knowledge as I already mentioned to you and I hope it will be useful to those who are like me inquiring on this platform.

Let's start

According to: LISA Institute September 08, 2021

It states that blockchain: is a chain of blocks conformed by digital ledgers and that it stores any type of individual data, and as new data is included, a new block is formed that adjusts to the chain, this platform is decentralized and does not depend on other organizations.

This is what makes this blockchain platform the most secure, since as blocks are formed, the nodes must verify the legitimacy of the new data to create a new block.

This technology avoids in a high percentage the possibility of users being victims of fraud, not that it is not possible, it all depends on the security and protection that the user has with the security required by the platform, for example: the protection of their keys in the keychains.

These cryptocurrency transactions are protected by cryptography since they must be processed by the nodes and are solved through complicated mathematical equations.

There are 2 blockchains: public and private

  • Public: everyone can participate in it, you can write, read or audit the public block data, in this chain you can verify the transactions recorded, because everything is recorded in the blockchain.

  • Private: this blockchain is controlled by agency and they are the only ones who have access, they decide who to invite to the system, and has the authority to go back and alter the blockchains. This blockchain is similar to an internal data storage system with the exception that it is distributed across multiple nodes due to increased security.

    • Thank you very much

    Reference Consulted.

    https://www.lisainstitute.com/blogs/blog/que-es-blockchain-tipos-ejemplos-ventajas

    Autor: @critanza42. all images were taken