Blockchain - Revision history

CryptoUser at 20:22, 8 February 2024

2024-02-08T20:22:30Z

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                       |titlemode= append
                       |keywords= Blockchain
-                      |description= What is the Blockchain and How does it work
+                      |description= What is blockchain and how does it work
                      }}
 [[File:Blockchain 2024-01-24 13-07-32.jpg|400px|thumb|right]]
-'''Blockchain''' is a [[decentralization|decentralized technology]] that provides a secure and transparent process for recording and storing information on the Internet. The technology is based on [[block]] chains that contain [[data]] and are stored in a distributed network of computers called [[node]]s. Each block contains a set of records about [[token]]s or [[transaction]]s that are added to the chain sequentially and cannot be changed or deleted without the consent of the majority of network participants.
+'''Blockchain''' is a continuous and sequential chain of [[block]]s built according to certain rules. Each of them contains information. Blockchain is a special case of a [[distributed registry]], where [[data]] is grouped and organized into blocks, and blocks are connected and protected by [[cryptography|cryptographic]] methods. That is why it can exist without a central authority or a management server.
 A promising concept of the Internet of the future, [[Web3|Web 3.0]], is being implemented on the basis of blockchains.
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 == Characteristics of the blockchain ==
 The main characteristics of the blockchain are [[transparency]], [[Data security|security]] and [[decentralization]].
 * '''Transparency''' means that all network participants can see all transactions and records in the blockchain.
 * '''Data security''' is ensured by the cryptography mechanism. The information in the blocks cannot be changed or forged unnoticed by network participants, and a number of mechanisms ensure the recovery of corrupted records.
 * '''Decentralization''' means that the blockchain works without central management and control, each node has equal rights and participates in the process of confirming and recording new blocks.
 == Examples of blockchains ==
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 Blockchain has a wide range of applications and can be used in various fields such as finance, supply chain, healthcare and public administration. Due to its characteristics, blockchain can increase efficiency, improve the security and stability of systems, as well as eliminate the need for trust in centralized instances.
 [[Category:Blockchain]]

CryptoUser: Undo revision 2140 by CryptoUser (talk)

2024-01-24T12:29:26Z

Undo revision 2140 by CryptoUser (talk)

← Older revision		Revision as of 12:29, 24 January 2024
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	\|description= What is the Blockchain and How does it work		\|description= What is the Blockchain and How does it work
	}}		}}
	[[File:~~Smart_contract_2024~~-01-~~24_13~~-27-01.jpg\|400px\|thumb\|right]]		[[File:Blockchain 2024-01-24 13-07-32.jpg\|400px\|thumb\|right]]
	'''Blockchain''' is a [[decentralization\|decentralized technology]] that provides a secure and transparent process for recording and storing information on the Internet. The technology is based on [[block]] chains that contain [[data]] and are stored in a distributed network of computers called [[node]]s. Each block contains a set of records about [[token]]s or [[transaction]]s that are added to the chain sequentially and cannot be changed or deleted without the consent of the majority of network participants.		'''Blockchain''' is a [[decentralization\|decentralized technology]] that provides a secure and transparent process for recording and storing information on the Internet. The technology is based on [[block]] chains that contain [[data]] and are stored in a distributed network of computers called [[node]]s. Each block contains a set of records about [[token]]s or [[transaction]]s that are added to the chain sequentially and cannot be changed or deleted without the consent of the majority of network participants.

CryptoUser at 12:28, 24 January 2024

2024-01-24T12:28:34Z

← Older revision		Revision as of 12:28, 24 January 2024
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	\|description= What is the Blockchain and How does it work		\|description= What is the Blockchain and How does it work
	}}		}}
	[[File:~~Blockchain 2024~~-01-~~24 13~~-07-32.jpg\|400px\|thumb\|right]]		[[File:Smart_contract_2024-01-24_13-27-01.jpg\|400px\|thumb\|right]]
	'''Blockchain''' is a [[decentralization\|decentralized technology]] that provides a secure and transparent process for recording and storing information on the Internet. The technology is based on [[block]] chains that contain [[data]] and are stored in a distributed network of computers called [[node]]s. Each block contains a set of records about [[token]]s or [[transaction]]s that are added to the chain sequentially and cannot be changed or deleted without the consent of the majority of network participants.		'''Blockchain''' is a [[decentralization\|decentralized technology]] that provides a secure and transparent process for recording and storing information on the Internet. The technology is based on [[block]] chains that contain [[data]] and are stored in a distributed network of computers called [[node]]s. Each block contains a set of records about [[token]]s or [[transaction]]s that are added to the chain sequentially and cannot be changed or deleted without the consent of the majority of network participants.

CryptoUser: Created page with "{{#seo: |title= Blockchain — Decimal Wiki |titlemode= append |keywords= Blockchain |description= What is the Blockchain and How does it work }} right '''Blockchain''' is a decentralized technology that provides a secure and transparent process for recording and storing information on the I..."

2024-01-24T12:14:22Z

Created page with "{{#seo: |title= Blockchain — Decimal Wiki |titlemode= append |keywords= Blockchain |description= What is the Blockchain and How does it work }} 400px|thumb|right '''Blockchain''' is a decentralized technology that provides a secure and transparent process for recording and storing information on the I..."

New page

{{#seo:
|title= Blockchain — Decimal Wiki
|titlemode= append
|keywords= Blockchain
|description= What is the Blockchain and How does it work
}}
[[File:Blockchain 2024-01-24 13-07-32.jpg|400px|thumb|right]]
'''Blockchain''' is a [[decentralization|decentralized technology]] that provides a secure and transparent process for recording and storing information on the Internet. The technology is based on [[block]] chains that contain [[data]] and are stored in a distributed network of computers called [[node]]s. Each block contains a set of records about [[token]]s or [[transaction]]s that are added to the chain sequentially and cannot be changed or deleted without the consent of the majority of network participants.

A promising concept of the Internet of the future, [[Web3|Web 3.0]], is being implemented on the basis of blockchains.

== Characteristics of the blockchain ==
The main characteristics of the blockchain are [[transparency]], [[Data security|security]] and [[decentralization]].

* '''Transparency''' means that all network participants can see all transactions and records in the blockchain.
* '''Data security''' is ensured by the cryptography mechanism. The information in the blocks cannot be changed or forged unnoticed by network participants, and a number of mechanisms ensure the recovery of corrupted records.
* '''Decentralization''' means that the blockchain works without central management and control, each node has equal rights and participates in the process of confirming and recording new blocks.

== Examples of blockchains ==
One of the most well-known blockchain implementations is the '''[[Bitcoin]]''' [[cryptocurrency]]. The Bitcoin blockchain is used to record and confirm all transactions of this cryptocurrency.

The development of the Bitcoin idea was '''[[Ethereum]]''', a decentralized platform based on blockchain technology that allows you to create and run [[smart contract|smart contracts]], as well as develop and distribute decentralized applications ('''[[dApps]]'''). The main difference between Ethereum and Bitcoin is that Ethereum is not only a digital currency, but also provides opportunities for developing and working with smart contracts and decentralized applications.

'''[[DecimalChain]]''' is a new stage in the development of the idea of blockchain. It differs from Ethereum in that it does not require specific knowledge and professional skills to work with smart contracts, dApps and cryptocurrencies. Being a kind of "constructor", DecimalChain provides ordinary users who are not too deeply familiar with the cryptosphere with the tools to create all this in the [[Cosmos]] [[ecosystem]].

Blockchain has a wide range of applications and can be used in various fields such as finance, supply chain, healthcare and public administration. Due to its characteristics, blockchain can increase efficiency, improve the security and stability of systems, as well as eliminate the need for trust in centralized instances.

[[Category:Blockchain]]
[[Category:Commoninfo]]