Blockchain Training In Pune
Cryptography Pune 88 views Reference: 1108Location: Pune
Price: Contact Institute
Blockchain gained popularity with the popularity of cryptocurrency. Blockchain is the technology behind cryptocurrency. It is a digital decentralized, public ledger of all cryptocurrency transactions. Blockchain is a set of completed blocks that are continuously growing and are recorded as per the transaction.
Originally developed as the accounting method for the virtual currency Bitcoin, blockchains - which use what's known as distributed ledger technology (DLT) - are appearing in a variety of commercial applications today.
The blockchain is perhaps the main technological innovation of Bitcoin.
Bitcoin isn't regulated by a central authority. Instead, its users dictate and validate transactions when one person pays another for goods or services, eliminating the need for a third party to process or store payments. The completed transaction is publicly recorded into blocks and eventually into the blockchain, where it's verified and relayed by other Bitcoin users.