BLOCKCHAIN
We are living and leading in a world of internet where security and privacy is the most common issue which prevails.
BLOCKCHAIN is one of the recent and hot technology which everyone is craving and have craze for.
WHAT IS BLOCKCHAIN;
Blockchain is essentially
TYPES;
Although scores and volley of types are possible but majorly, it is classified into
1- PUBLIC BLOCKCHAIN
2-PRIVATE BLOCKCHAIN
Although the above mentioned are self explanatory, but to understand the nitty-gritty of it , one can go hard for it
MAIN PRINCIPLE;
The principle of HASHING is used in Blockchain in which you have key-value pair
The principle involved behind Blockchain is ENCRYPTION-DECRYPTION.
For instance- A sends a node to B , B on the receiving end will decrypt the node and will read the given block.
FEATURES:
SECURITY
Blockchain is considered as highly secure in the world of technology as it peer-to-peer and decentralised unlike centralised servers.
CONFIDENTIALITY;
The best part of Blockchain is it is confidential.
Only the person who is sending ll know and the person who is receiving will know.
INTEGRITY:
The feature of integrity is also addressed.
CRYPTOGRAPHY:
Encryption-Decryption is the major one which is actually behind it.
Cipher technology is involved.
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