The digital revolution of Blockchain
Posted: Tue Jan 21, 2025 8:22 am
A technology that took its first steps more than 30 years ago, even though it is a concept that has been talked about especially for a decade. Blockchain is under scrutiny, a digital innovation that is expected to move around 1.76 trillion dollars in 2030.
In 1991, scientists Stuart Haber and W. Scott Stornetta laid the foundations for what is now known as Blockchain, a digital solution for handling and preserving documents without them being altered by anyone other than the person in charge. This is how a system structured as a chain of blocks containing encrypted information was born…
Years later, all of this initial theory would be formalized and registered. ' Bitcoin: A peer-to-peer electronic cash system ', a document developed by Satoshi Nakamoto, rescued what was outlined in 1991 to delve deeper into the idea of a distributed accounting system and a decentralized cryptocurrency. It established the foundations of what is now turkey whatsapp data Blockchain, bases and fundamentals that the reader will learn about in the following sections.
What is Blockchain?
Blockchain, encrypted information, distributed ledger, a decentralized system. The introduction outlines some of the keys to understanding what we are talking about and how we could answer the question of what Blockchain is .
Technology especially used ineconomics and in the financial sector.
It is structured into blocks of decentralized operations .
These generate a shared database .
Only authorized participants and holders of each block that forms it have access .
The result is a large ledger.
The information is provided by users from different computers and simultaneously.
How does Blockchain technology work?
The operation of Blockchain technology is based on a programming that records transactions, stores them and shares them . After this operation, the following step by step:
So-called ' blocks ' record transactions. Codes link a block to the previous one and generate another code that links to the next one.
In 1991, scientists Stuart Haber and W. Scott Stornetta laid the foundations for what is now known as Blockchain, a digital solution for handling and preserving documents without them being altered by anyone other than the person in charge. This is how a system structured as a chain of blocks containing encrypted information was born…
Years later, all of this initial theory would be formalized and registered. ' Bitcoin: A peer-to-peer electronic cash system ', a document developed by Satoshi Nakamoto, rescued what was outlined in 1991 to delve deeper into the idea of a distributed accounting system and a decentralized cryptocurrency. It established the foundations of what is now turkey whatsapp data Blockchain, bases and fundamentals that the reader will learn about in the following sections.
What is Blockchain?
Blockchain, encrypted information, distributed ledger, a decentralized system. The introduction outlines some of the keys to understanding what we are talking about and how we could answer the question of what Blockchain is .
Technology especially used ineconomics and in the financial sector.
It is structured into blocks of decentralized operations .
These generate a shared database .
Only authorized participants and holders of each block that forms it have access .
The result is a large ledger.
The information is provided by users from different computers and simultaneously.
How does Blockchain technology work?
The operation of Blockchain technology is based on a programming that records transactions, stores them and shares them . After this operation, the following step by step:
So-called ' blocks ' record transactions. Codes link a block to the previous one and generate another code that links to the next one.