Codezeros

If this technology is so complex, why call it “blockchain?” At its most basic level, blockchain is just a chain of blocks, but not in the traditional sense of those words. When we say the words “ block ” and “ chain ” in this context, we are talking about digital information (the “block”) stored in a public database (the “chain”). Based on a peer-to-peer (P2P) topology, blockchain is a distributed ledger technology (DLT) that allows data to be stored globally on thousands of servers – while letting anyone on the network see everyone else's entries in near real-time. That makes it difficult for one user to gain control of, or game, the network. For businesses, however, blockchain holds the promise of transactional transparency– the ability to create secure, real-time communication networks with partnersaround the globe to support everything from supply chains to payment networks to real estate deals and healthcare data sharing. Blockchain Forks - A fork is a ch...