Let’s talk about Satoshi Nakamoto, an imaginary pseudonym for a person or a group who primarily introduced bitcoin to the world. Nakamoto also developed the first blockchain database.
A thought-provoking point: Blockchain was introduced by someone who did not break its identity globally. Isn’t it easy to say that Blockchain is highly based on people who do not trust their peers and like to interact without getting surfaced?
The entire blockchain model basically empowers people to transfer monetary data in a tamper-proof and trustless way. That’s possible because blockchains keep data protected using sophisticated logic and innovative software controls that are nearly unbreakable and tricky for a manipulative hack attempt.
Blockchain is considered a very powerful technology offering unraveled security solutions to the world. Despite its prevalence, blockchain is prone to cybersecurity threats. Read more on the blog.